Multiple Choice
The right of the surety against the principal debtor, enforceable at equity, to require the principal debtor pay the creditor when the obligation is due is the right of:
A) contribution.
B) subrogation.
C) reimbursement.
D) exoneration.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q4: If there are two unperfected security interests
Q11: With the exception of pledges,a security agreement
Q14: Every consensual secured transaction involves:<br>A)a debtor, a
Q44: A buyer in the ordinary course of
Q47: A PMSI is created in goods when
Q49: A security interest in consumer goods is
Q54: Article 9 of the UCC is flexible,
Q60: Attachment must occur in order to make
Q79: "Attachment" occurs when a secured party gives
Q84: Diane,who is seventeen years old,purchased an auto