A, B, C and D are the shareholders and directors of City Light Corporation Ltd (the company). As the company needs more capital to expand its business it borrows money from the General Bank Ltd (the bank) in the amount of R5 million. The bank requested the directors of the company to sign a deed of suretyship before it could grant the loan, which the directors did.

Answer the following questions:

a)From whom will the bank recover its money if there is no payment of the agreed monthly instalments? (6) b)If after repaying R1 million the company is unable to make further payments, can the bank recover anything from A, B, C and D and how much from each of them? (7) c)If the bank finds out (catches) A after the other directors have disappeared, how much will it recover from him? (6) d)After A has been forced to pay the bank can he recover anything from the company or the other directors, namely B, C and D and how much from each of them? (7)