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  3. Study Set
    Contemporary Business Law
  4. Exam
    Exam 23: Credit, Real Property Financing, and Secured Transactions
  5. Question
    A(n)________ Is an Arrangement in Which a Third Party Promises
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A(n)________ Is an Arrangement in Which a Third Party Promises

Question 27

Question 27

Multiple Choice

A(n) ________ is an arrangement in which a third party promises to be secondarily liable for the payment of another's debt.


A) insolvency arrangement
B) surety arrangement
C) guaranty arrangement
D) accommodation

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