TMI BlogDischarge of surety by variance in terms of contractX X X X Extracts X X X X X X X X Extracts X X X X ..... lustrations (a) A becomes surety to C for B's conduct as a manager in C's bank. Afterwards, B and C contract, without A's consent, that B's salary shall be raised, and that he shall become liable for one-fourth of the losses on overdrafts. B allows a customer to overdraw, and the bank loses a sum of money. A is discharged from his suretyship by the variance made without his consent, and is not li ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... onduct of B. (d) A gives to C a continuing guarantee to the extent of 3,000 rupees for any oil supplied by C to B on credit. Afterwards B becomes embarrassed, and, without the knowledge ofA, B and C contract that C shall continue to supply B with oil for ready money, and that the payments shall be applied to the then existing debts between B and C. A is not liable on his guarantee for any goods s ..... X X X X Extracts X X X X X X X X Extracts X X X X
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