suretyship contract meaning in English
保证契约
Examples
- Article 13 a surety and a creditor shall conclude a suretyship contract in writing
第十三条保证人与债权人应当以书面形式订立保证合同。 - Article 17 a general suretyship refers to a suretyship contract wherein the parties agree that the surety shall undertake suretyship liability in case the debtor defaults
第十七条当事人在保证合同中约定，债务人不能履行债务时，由保证人承担保证责任的，为一般保证。 - Article 18 a suretyship of joint and several liability refers to a suretyship contract wherein the parties agree that the surety and the debtor shall be jointly and severally liable
第十八条当事人在保证合同中约定保证人与债务人对债务承担连带责任的，为连带责任保证。 - Article 12 where there are two or more sureties for one obligation , the sureties shall undertake suretyship liability according to their proportion of suretyship agreed in the suretyship contract
第十二条同一债务有两个以上保证人的，保证人应当按照保证合同约定的保证份额，承担保证责任。 - 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
摘要保证是以保证人的一般财产而设定的、用一个合同去担保另一个合同（主债务）的展行之担保方式，有一定的独立性。