True/False
Sureties have no rights or remedies to protect them from loss or breach of contract.
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q1: A letter of credit usually sets a:<br>A)
Q2: The amount of credit specified in a
Q3: Consideration is not required to establish or
Q4: The use of letters of credit arose
Q6: Suretyship and guaranty transactions have the common
Q7: In a letter of credit the beneficiary
Q8: A surety may not raise the defense
Q9: Bailment given as security for the payment
Q10: Standby letters of credit are used only
Q11: Indemnity is the right of a co-obligator