Which of the following is true of a contract of suretyship?
A) There is no debtor in a contract of suretyship.
B) There is no creditor in a contract of suretyship.
C) The suretyship creates an express contract with a creditor, under which the surety is primarily liable.
D) The suretyship creates an express contract with a creditor, under which the surety is secondarily liable.
Correct Answer:
Verified
Q11: Attachment involves a court-ordered judgment allowing a
Q12: The most significant changes ever to be
Q13: Which of the following is an order
Q14: A contractor installed a new furnace in
Q15: Describe the mechanic's lien and the artisan's
Q17: Which of the following is true of
Q18: Personal properties, like a vehicle to get
Q19: A lien is a claim on a
Q20: An artisan's lien is placed on the
Q21: Which of the following is true of
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents