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What is continuing guarantee?

AshishJangirfb7591 ∙

Lvl 1

∙ 11y ago

Updated: 4/28/2022

The official definition for the phrase continuing guarantee is " A continuing guarantee is a guarantee where the guarantor assumes liability for any past, present and future obligations owed by a debtor to a lender or creditor."

Wiki User

∙ 11y ago

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