A simple of indefinite guaranty is comprised of not only the…

A simple of indefinite guaranty is comprised of not only the principal obligation, but also all its accessories, including the judicial costs, provided that with respect to the latter, the guarantor shall only be liable for those costs incurred after – a) he has been judicially required to pay b) he has received a demand letter for payment c) the guarantor has refused to pay d) the debtor becomes insolvent

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