Which of the following is true of a contract of suretyship?
A) There is no debtor in a contract of suretyship.
B) There is no creditor in a contract of suretyship.
C) The suretyship creates an express contract with a creditor, under which the surety is primarily liable.
D) The suretyship creates an express contract with a creditor, under which the surety is secondarily liable.
C
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Longer maturities for loans result in lower monthly payments and therefore make it easier to cover payments each month
Indicate whether the statement is true or false.
Since all partners in a value chain benefit when value is added, partners ideally should ________
A) collaborate closely B) work independently of one another C) be dependent only on their narrow local part of the chain D) collaborate with every other part of the chain