Jimmy Co-Signed for His Friend Fred for the Purchase of a Motorcycle.Fred

Multiple Choice

Jimmy co-signed for his friend Fred for the purchase of a motorcycle.Fred is refusing to pay for the motorcycle despite not having a valid defense against payment and despite having the money to do so.Jimmy,who has paid nothing towards the motorcycle yet,should exercise the ________ to require Fred to make good on his obligation to pay for the motorcycle.

A) Right of subrogation
B) Right to contribution
C) Right to reimbursement
D) Right of exoneration