Law of Guarantees

Definitions and characteristics. Contractual requirements. Formal requirements. Construction. Vitiating elements in the contract. The liability of the surety. Enforcement of contracts of suretyship. Revocation of contracts of suretyship. Discharge of the surety. Rights of the surety against the principal. Rights of the surety against the creditor. Rights of the surety against co-sureties. Insolvency. Bank guarantees and related transactions. International commerce. Performance bonds. Consumer credit transactions. Landlord and tenant. Precedents. Appendix legislation.