Which of the following is not a defense to a surety?
A) fraud practiced by the debtor of which the creditor was unaware
B) lack of consideration
C) lack of capacity on the part of the surety
D) mistake
Correct Answer:
Verified
Q41: If an issuer requests its correspondent bank
Q43: If the issuer of a letter of
Q44: Bud is unable to obtain a loan
Q45: A letter of credit usually sets a:
A)
Q47: The issuer of a letter of credit:
A)
Q49: A letter of credit:
A) can be issued
Q50: Deirdre read that bids were being solicited
Q51: Typically, there are how many parties to
Q52: Which of the following is not a
Q52: An agreement under which one party agrees
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