1. The guarantor guarantees to the creditor that the debtor will perform the debt. If the debtor fails to perform the debt, the guarantor shall perform the debt or bear joint liability according to the agreement. After the guarantor performs the debt, it has the right to recover from the debtor.
2. The debtor or a third party can provide certain property as collateral. If the debtor fails to perform the debt, the creditor has the right to use the collateral as a discount or Priority will be given to the proceeds from the sale of the collateral.
3. One party may pay a deposit to the other party within the scope prescribed by law. After the debtor performs the debt, the deposit will be used as payment or returned. After a deposit is paid, if the party who paid the deposit fails to perform its debts, it has no right to demand repayment of the deposit. If the party receiving the deposit fails to perform its debts, it shall repay double the deposit.
4. According to the stipulations of the contract, one party occupies the property of the other party, and if the other party fails to pay the dues for more than a certain period of time in accordance with the stipulations of the contract, the possessor has the right to retain the property. According to the provisions of the law, priority will be given to the price of the lien property or the proceeds from the sale of the property.
