Subrogation includes:
A) creditor's rights against the principal debtor, but not including the creditor's priorities in a bankruptcy proceeding.
B) no rights against cosureties.
C) no rights against co-makers.
D) creditor's rights in security of the principal debtor.

Question

Quizplus · Accepted Answer

Subrogation allows a party, typically a guarantor or surety, to step into the shoes of a creditor and exercise the creditor's rights, including rights in the security of the principal debtor.

Subrogation Includes