Upon paying the principal debtor's entire obligation, the surety is __________ the rights of the creditor.
A) subject to
B) subrogated to
C) exonerated by
D) set off by

Question

Quizplus · Accepted Answer

Upon paying the principal debtor's entire obligation, the surety is subrogated to the rights of the creditor. This means that the surety has the right to step into the shoes of the creditor and enforce the creditor's rights against the principal debtor.

Upon Paying the Principal Debtor's Entire Obligation, the Surety Is