What defense(s) is (are) available to sureties?

Question

Quizplus · Accepted Answer

Sureties have the defenses of duress, fraud, and impossibility available to them. Duress occurs when a party is forced to enter into a contract under the threat of harm or other consequences. Fraud occurs when a party is intentionally misled about the terms of a contract or the identity of the other party. Impossibility occurs when performance of the contract becomes impossible due to unforeseeable circumstances beyond the control of the parties. Therefore, the most accurate answer is E.

What Defense(s) Is (Are) Available to Sureties