释义 |
`1`Accessory Contract `2` "Legal Lexicon":
ACCESSORY CONTRACT - One made for assuring the performance of a prior contract, either by the same parties or by others, such as suretyship, mortgages, and pledges. It is a general rule that payment of the debt due or the performance of a thing required to be performed by the first or principal contract is a full discharge of such accessory obligation. An accessory agreement to guaranty an original contract which is void has no binding effect. --b-- |