It is common in many business transactions involving the extension of credit for the creditor to require that someone in addition to the debtor promise to fulfill the obligation. This promisor generally is known as a(n) ___.
A) surety
B) grantee
C) promoter
D) testator
Correct Answer:
Verified
Q27: A security interest in negotiable instruments is
Q28: A(n) _ is the right given to
Q29: Which of the following is a category
Q30: The UCC recognizes two types of intangible
Q31: Which of the following statements is true
Q33: A buyer has a receipt for goods
Q34: Which of the following terms best represents
Q35: The right of _ allows the surety
Q36: With reference to indispensable paper, the term
Q37: James has taken a loan of $10,000
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