Carrie promises to pay her cousin Joe's debt,but only if Joe does not pay.Carrie is a:
A)Guarantor
B)Surety
C)Co-signer
D)Primary debtor

Name: Carrie promises to pay her cousin Joe's debt,but only if Joe does not pay.Carrie is a: A)Guarantor B)Surety C)Co-signer D)Primary debtor
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Question

Quizplus · Accepted Answer

A guarantor does not join the principal in making a promise;rather a guarantor makes a separate promise and agrees to be liable upon the happening of a certain event.

Carrie Promises to Pay Her Cousin Joe's Debt,but Only If