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    Exam 32: Nature of the Debtor-Creditor Relationship
  5. Question
    A Surety Is Liable from the Moment of Default Whereas
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A Surety Is Liable from the Moment of Default Whereas

Question 28

Question 28

True/False

A surety is liable from the moment of default whereas a guarantor is ordinarily only liable if the creditor cannot collect from the principal debtor.

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