A party contracts to act as a surety for the collection of the debts of another. As a result of the suretyship agreement, which of the following statements is correct?
A. The creditor may proceed against the surety without attempting to collect from the debtor.
B. The surety agreement must be in writing.
C. The surety may use any defenses available to the debtor.
D. The creditor must be notified of the debtor's default by the surety.
B. The surety agreement must be in writing.
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Although research has shown that happy people earn higher incomes than unhappy people, it is unclear whether people make more money because they are happy, or are happy because they make more money
Indicate whether the statement is true or false