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    Business Law and the Regulation of Business Study Set 3
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    Exam 37: Secured Transactions and Suretyship
  5. Question
    Tony Is a Surety for Monica on a Debt She
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Tony Is a Surety for Monica on a Debt She

Question 7

Question 7

True/False

Tony is a surety for Monica on a debt she owes to Francis. If Monica properly tenders full payment and Francis refuses it, both Monica and Tony are discharged from the debt.

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