Which of the following is correct in guarantee ؟ Individuals standing as guarantors for customer’s requesting credit facilities from the Bank After sending notice of default to the guarantor, the Bank can exercise right of set off by debiting guarantor’s deposit account , and give credit defaulted borrower’s account The Bank is having lien on guarantor’s properties which are bank possession For the balance amount, the bank can file suit against the guarantor.Ans: 1) a and b 2) b and c 3) c and d 4) a to d.