menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law
  4. Exam
    Exam 29: Creditors Rights and Remedies
  5. Question
    In a Suretyship Relationship, a Third Person's Credit Becomes the Security
Solved

In a Suretyship Relationship, a Third Person's Credit Becomes the Security

Question 57

Question 57

True/False

In a suretyship relationship, a third person's credit becomes the security for a debt.

Correct Answer:

verifed

Verified

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

Related Questions

Q52: Personal property that is most often exempt

Q53: The roof in Rosalyn's house springs a

Q54: Portia owes Bjorn $500 on their roof

Q55: An artisan's lien is effective only if

Q56: A creditor must exhaust all legal remedies

Q58: Fact Pattern 29-1<br>Petro Oil Refinery asks Quality

Q59: An artisan's lien is a security device

Q60: Fact Pattern 29-2<br>Robin's home is in a

Q61: A guarantor can be required to pay

Q62: In a few states, statutes allow the

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines