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b) Ifeoma is a customer of your bank and has applied for a loan of GH 50,000,00, to enable her solve some pressing personal matters.
b) Ifeoma is a customer of your bank and has applied for a loan of GH 50,000,00, to enable her solve some pressing personal matters. As part of her security arrangement, Ngozi, a successful business tycoon, agreed to guarantee GH 40,000.00 The balance on Ifeomas account balance this morning is GH 10.00. Ngozi comes to the bank this morning to complete guarantee documents. She calls on you to know the details of the principal debtors account. Explain the legal basis on which you will respond to her request
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