Billy wants to borrow $10,000 to start a male belly dancing business. Creditors are not anxious to lend him the funds. Billy convinces Gary to back-up the credit he gets from a bank. Gary is:
A) the principal
B) the grantor
C) the testator
D) the detainor
E) none of the other choices
Correct Answer:
Verified
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Q343: What defense(s) is (are) available to sureties?
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