What's the difference between guaranty and suretyship?
Guaranty
Definition:
(n.) In law and common usage: An undertaking to answer for the payment of some debt, or the performance of some contract or duty, of another, in case of the failure of such other to pay or perform; a guarantee; a warranty; a security.
(n.) In law and common usage: To undertake or engage that another person shall perform (what he has stipulated); to undertake to be answerable for (the debt or default of another); to engage to answer for the performance of (some promise or duty by another) in case of a failure by the latter to perform; to undertake to secure (something) to another, as in the case of a contingency. See Guarantee, v. t.
Example Sentences:
(1) The close cooperation of a morphologically interested clinician with a clinically interested morphologist and the guaranty of the mutual control of cytology and histology yield a promising success method for the clinical differential diagnostics and for the early recognition of cancer.
(2) In conclusion, the results of this study confirm that the mixtures of regular + isophane insulins (Actrapid HM + Protaphane HM) and regular + lente insulins (Actrapid HM + Monotard HM) give the same guaranties of safety and efficacy, that the former shows a more rapid absorption rate and, finally, indicate that the ratio 30:70 between regular and intermediate insulins is that more frequently used.
(3) The resection area in Crohn's Disease should be confined to a minimum, because even a wide resection is no guaranty for nonrecurrence.
(4) At the same time, the article makes clear that more reforms are necessary in the future, e.g., a further standardisation of rehabilitation services, the elimination of architectural barriers, reform of the benefit system, improvement of the social security for people in need of care and the guaranty of a regular income for those disabled from birth or childhood.
(5) During the induction-period the use of a high-dose combination-therapy guaranties a low incidence of rejection episodes.
(6) An automated procedure presented in this paper guaranties constant test conditions in an optimal way.
(7) In the Federal Republic of Germany the law guaranties yearly examination.
(8) For the treatment of the fractures of the antral walls, especially of the extended fractures of the orbital floor, after repositioning through the maxillary sinus, treatment is necessary which supports the maxillary sinus and which, being effective in all directions, protects the ciliated epithelium and guaranties the drainage of secretions.
(9) A background of psychiatric follow-up strongly influence the taking on and therapeutic decisions to be made by psychiatrists: its absence protects the patient and is seen as the guaranty of a good investment from the therapist while the existence of previous psychiatric treatment rather leads to hospital in lieu of crisis intervention, even when the crisis mechanisms are not significantly different in both samples.
(10) We conclude that a combinent use of anaesthesia and non-ionic contrast media does not guaranty protection from anaphylactoid reactions to iodinated radiopaque compounds.
(11) The improvement in the standard of living as such by no means guaranties well-balanced nutrition.
(12) It is widely realized, that the inherited idea of 'character' is not useful for a flexible guaranty of traffic safety by an administrative authority.
Suretyship
Definition:
(n.) The state of being surety; the obligation of a person to answer for the debt, default, or miscarriage of another.