If one joint promisor is released from liability, how does this affect others?

When one joint promisor is released from liability, the effect on the other promisors is that their obligations remain intact. This principle is based on the idea that each promisor is independently responsible for the full performance of the promise, unless expressly stated otherwise.

The release of one promisor does not automatically extend to others involved in the promise. As a result, the remaining joint promisors continue to face their own obligations to fulfill the promise, and the creditor can still seek performance or damages from them. This allows the creditor to retain their rights against the other parties who have not been released, ensuring that the contractual duties remain enforceable.

Other options, such as suggesting that the release of one promisor would exempt all others or increase the liability for those remaining, misinterpret the nature of joint obligations in contract law. Additionally, the idea that the release enables renegotiation of the joint promise does not hold, as the original terms of the contract remain unchanged for those who are still bound by it.