1. The Defendant is jointly and severally with C to the Plaintiff KRW 40 million and the interest rate of KRW 24% per annum from July 17, 2016 to the day of complete payment.

On July 16, 2013, the Plaintiff lent KRW 40 million to C, and C did not pay the amount of KRW 40 million, and on July 19, 2014, the loan certificate was prepared and issued that repayment of KRW 40 million was made by May 18, 2015 and payment of interest at KRW 2% per month was made by the Plaintiff. The Defendant guaranteed the said debt by joint and several surety.

However, C and the defendant are paid only interest until June 2016, and interest is not paid thereafter.

[Grounds for recognition] According to the facts without dispute, Gap 1, 2, 3 evidence, and the purport of the entire pleadings, the defendant is jointly and severally liable to pay the plaintiff 40 million won with C as a joint and several surety and the damages for delay calculated at the rate of 24% per annum (the agreed interest rate) from July 17, 2016 to the date of full payment.