Solved

A(n) __________ Is an Undertaking by One Person, for Consideration

Question 32

Multiple Choice

A(n) __________ is an undertaking by one person, for consideration, to pay another person a sum of money in the event of a specified loss.


A) absolute guaranty
B) indemnity contract
C) guaranty of payment
D) suretyship

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions