In India, a guarantee can be oral or written,[26] while it must be written in Australia, Jamaica and Sri Lanka. There are different forms of security that provide for different levels and responsibilities of suretyship and remedies for the creditor. This includes: Note that, in the case of credit or financing agreements, the borrower or debtor is primarily liable to the lender, since the guarantor`s liability is due only in the event of the debtor`s delay. The principal right of the guarantor vis-à-vis the creditor, after payment of the secured debt, entitles him to all the guarantees that the creditor has held against the principal debtor. If the creditor has lost or falsified these guarantees due to a delay or if he has made it unavailable, the guarantee shall be discharged pro tanto. . . .