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A Guarantee Is

Question 1

Multiple Choice

A guarantee is


A) a promise to add one's signature to a legal document.
B) a promise to pay only if the debtor defaults.
C) a promise to purchase goods.
D) a promise to enter into an agreement when a debtor defaults.
E) a promise to be primarily liable for the debt of a debtor.

Correct Answer:

verifed

Verified

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