[Solved] In banking terminology the word ―Co - obligant‖ means :

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Q.	In banking terminology the word ―Co - obligant‖ means :
A.	A person who has guaranteed the account of another person(s)
B.	A person who has executed an indemnity bond in a bank’s favour
C.	A person who has assumed obligations of contract jointly with other person(s)
D.	A person/ business undertaking opening a documentary letter of credit
E.	None of these
Answer» C. A person who has assumed obligations of contract jointly with other person(s)

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