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    Business Law and the Regulation of Business Study Set 2
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    Exam 37: Secured Transactions and Suretyship
  5. Question
    Two or More Sureties Bound for the Same Debt of a Principal
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Two or More Sureties Bound for the Same Debt of a Principal

Question 18

Question 18

Multiple Choice

Two or more sureties bound for the same debt of a principal debtor are known as:


A) absolute sureties.
B) cosureties.
C) conditional guarantors of collection.
D) co-creditors.

Correct Answer:

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