The branch Jia has the power of attorney from the Company C so he can provide a suretyship .
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If the creditor does not demand that the surety undertake suretyship liability during the term of suretyship agreed in the contract or provided by the preceding paragraph the surety shall be relieved of the suretyship liability .
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The suretyship liability is directly correlative with the mode of suretyship the term of suretyship and limitations of actions .
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Secondly the legal consequences of a variety of causes of the invalid suretyship contract are analyzed .
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Article25if the surety of a general suretyship and the creditor have no agreement on the term of suretyship the term of suretyship shall be six months from the date of maturity of the principal debts .
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According to the regulations if a branch of an enterprise as a legal person has a power of attorney from the legal person it may provide a suretyship within the scope of authority .
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Otherwise the term of suretyship starts when the debtor refuses his obligations .
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Suretyship is a kind of guaranty which is generally used guarantee a debt in the economic life .
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Tentative Ideas On the Legal Nature and its Judicial Application of the Term of Suretyship & based on the view of the Guaranty Law and the Judicial Interpretation
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The suretyship is a form of guaranty in which the performance of a contract ( principal obligation ) is guaranted by entering into a suretyship contract on the surety 's general property .
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Three factors will be evaluated carefully before any suretyship agreements is made : the character of the principal the financial capacity of the principal and the experience of the principal .
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As for the concept and definition the paper mainly expounds the value and function of suretyship defects and inadequacy besides discussion of the legal implication of suretyship .
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Between the different modes of suretyship the order in which the sureties undertake the suretyship liability and the intensities of the suretyship liability are different .
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Inasmuch as the debtor has go bankrupt I will abandon the claim . If the creditor waives the property security the surety shall be relieved of his suretyship liability to the extent of the creditor 's waiver .
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A lot of scholars in our country have made a deep study on the suretyship system .
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On the Beginning of the Term of Suretyship & And on the Term of Suretyship and the Limitation of Actions of the Contract of Suretyship
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The article on collateral 's transfer refers to the clause engaged by the civil subjects in the contract of suretyship which the secured creditor will attain the ownership of the engaged collateral when the debtor can 't pay off the due debt .
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Claims Secured by Maritime Lien If the creditor waives the property security the surety shall be relieved of his suretyship liability to the extent of the creditor 's waiver .
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Suretyship contract would be null and void not only because of being null and void of the principal contract but also because of its own .
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Traditional accessory suretyship is characterized by principle of co-extensiveness which complies with the purpose of suretyship and is therefore confining the scope of the surety 's liability to that of the principal debtor .
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Guaranty Law of the People 's Republic of China mixes up the two terms : suretyship and limitation of action .
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In the discussion on suretyship liability four aspects such as contents and mode scope assumption as well as dissolution of suretyship liability are mainly expounded .
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Thirdly the laws are to be carried on strictly to avoid the situation of the ineffectiveness of suretyship .
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A general suretyship allows the surety to refuse to undertake suretyship liability towards the creditor before a dispute over the principal contract is tried or arbitrated and the obligations are not enforceable even after the debtor 's assets have been seized according to law .
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Suretyship of Loan Contracts in Ancient China
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Such as : Joint suretyship should follow the principle of contractual specifications so as to ensure guarantor ' subrogation and a claim to exemption from liability offering relief to guarantor to a maximum degree ;
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