The promise of a surety is binding even without consideration.
Correct Answer:
Verified
Q8: "Perfection" is required in order for the
Q18: Stanmore Corporation obtains from Southwell Manufacturing a
Q19: The UCC defines a debtor's rights in
Q21: The right of exoneration allows the surety
Q22: Upon the surety's payment of the principal
Q24: Article 9 of the UCC governs financing
Q25: A security interest in consumer goods is
Q26: Possession is available as a means of
Q27: If the main purpose of the promisor
Q28: The creditor's rights against the principal debtor
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