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    Exam 32: Nature of the Debtor-Creditor Relationship
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    When a Surety Pays a Claim That It Is Obligated
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When a Surety Pays a Claim That It Is Obligated

Question 49

Question 49

True/False

When a surety pays a claim that it is obligated to pay,it automatically acquires the claim and the rights of the creditor which is known as subrogation.

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