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After compensating an Indemnity holder, the Indemnifier may or may not have rights against third parties who have caused the loss. On the other hand,

  1. After compensating an Indemnity holder, the Indemnifier may or may not have rights against third parties who have caused the loss. On the other hand, Sureties in a contract of Guarantee do have certain legal rights to alleviate their losses. Discuss.

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