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This is a contract made for assuring the performance of a prior contract, either by the same parties, or by others; such as suretyship, mortgages, and pledges. The 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. The original contract must be valid in order for the accessory agreement to be binding. The principal types are suretyship, indemnity, pledge, warranty, and ratification.

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