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Rights and Obligations Contract can modify rights and obligations of creditor and guarantor to avoid some obligations Exemption clauses Continuing guarantee Allow creditor to discharge

Rights and Obligations

Contract can modify rights and obligations of creditor and guarantor to avoid some obligations Exemption clauses Continuing guarantee Allow creditor to discharge security without affecting guarantee Allow creditor to change terms of repayment, interest rate, amount of funds advanced without affecting guarantee

Please provide a real-life example of 1. Exemption clauses in guarantee 2. Continuing guarantee 3. Allow creditor to discharge security without affecting guarantee 4. Allow creditor to change terms of repayment, interest rate, amount of funds advanced without affecting guarantee

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here are reallife examples of each scenario 1 Exemption clauses in guarantee A landlord and a tenant ... blur-text-image

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