A surety's right to recover his or her costs from a principal once he or she performs or pays the principal's obligations is known as _____.
A) the right to fair compensation
B) the right of subrogation
C) the right to reimbursement
D) the right to contribution

Question

Quizplus · Accepted Answer

If the surety performs or pays the principal's obligation, she is entitled to recover her costs from the principal; this is known as the surety's right to reimbursement.

A Surety's Right to Recover His or Her Costs from a Principal