If the creditor refuses to accept tender of payment by the principal debtor,the surety remains liable until the creditor wants payment.

Question

Quizplus · Accepted Answer

When a principal debtor offers the correct amount due to the creditor and the creditor unjustly refuses it, the surety is discharged from their obligation because the creditor's refusal to accept payment when properly tendered by the debtor relieves the surety of liability.

If the Creditor Refuses to Accept Tender of Payment by the Principal