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    Essentials of Business Law and the Legal Environment Study Set 1
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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 74

Question 74

Multiple Choice

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


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

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