The surety is primarily liable for paying the principal debtor's debt when it is due in a surety arrangement.

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A surety is a person or entity that agrees to be responsible for the debt or obligation of another party, known as the principal debtor. In a surety arrangement, the surety is primarily liable for paying the debt if the principal debtor defaults, meaning that the creditor can go directly to the surety for payment. This is different from a guarantor, who is typically only liable if the creditor has exhausted all remedies against the principal debtor and still cannot collect the debt. Therefore, the statement is true.

The Surety Is Primarily Liable for Paying the Principal Debtor's