SECTION C $[20$ MARKS$]$

Read the below scenario and answer ALL the questions that follow.

Bongani, as principal debtor, takes out a home loan with ABC Bank for R$2$ million. Bongani$$s sisters, Simphiwe

and Nomvula, agree to stand in as his sureties and they sign suretyship agreements with ABC bank for

Bongani$$s home loan.

QUESTION $3\mathrm{.}1(10$ Marks$)$

Discuss the FIVE $(5)$ rights Simphiwe has as a surety to the agreement.