Calvin, a college student, wants to purchase an automobile on credit from IronTilt Motors.He does not have sufficient income or the credit history to justify the extension of credit to him alone.Calvin asks his father to cosign a note to IronTilt Motors, which he does.
-What kind of liability does Calvin's father come under?
A) secondary liability
B) primary liability
C) fringe liability
D) warranty liability
Correct Answer:
Verified
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