Multiple Choice
Which of the following statements is true regarding an accommodation surety?
A) An accommodation surety must provide adequate collateral to the creditor.
B) An accommodation surety is usually a professional such as a bonding company,who is paid for serving as a surety.
C) An accommodation surety receives relatively more protection from courts.
D) An accommodation surety is secondarily liable for the payment of the debt.
Correct Answer:
Verified
Correct Answer:
Verified
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