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    Business Law Study Set 4
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    Exam 28: Introduction to Credit and Secured Transactions
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    If a Debtor Defaults and the Debtor's Surety Satisfies the Obligation,the
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If a Debtor Defaults and the Debtor's Surety Satisfies the Obligation,the

Question 79

Question 79

Multiple Choice

If a debtor defaults and the debtor's surety satisfies the obligation,the surety acquires the right of:


A) subrogation.
B) primary lien.
C) indemnification.
D) chattel mortgage.

Correct Answer:

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