Big Data Enterprises borrows $10,000 from Creditworthy Loans, Inc., but cannot repay the loan when it comes due.Creditworthy refuses to ex-tend the time for repayment unless Big Data can provide an acceptable surety.Dependable Capital, LLC, agrees to act as a surety for the loan af-ter Big Data offers Dependable a stake in the company and shows Dependable financial statements, compiled with Creditworthy's assistance, that misrepresent Big Data's financial situation.Later, Big Data again defaults on repayment of the loan, and Creditworthy files a suit against Dependable to collect the amount of the debt.Is Dependable liable? Why or why not?

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The Answer of Big Data Enterprises borrows $10,000 from Creditworthy Loans, Inc., but cannot repay the loan when it comes due.Creditworthy refuses to ex-tend the time for repayment unless Big Data can provide an acceptable surety.Dependable Capital, LLC, agrees to act as a surety for the loan af-ter Big Data offers Dependable a stake in the company and shows Dependable financial statements, compiled with Creditworthy's assistance, that misrepresent Big Data's financial situation.Later, Big Data again defaults on repayment of the loan, and Creditworthy files a suit against Dependable to collect the amount of the debt.Is Dependable liable? Why or why not?

Big Data Enterprises Borrows $10,000 from Creditworthy Loans, Inc