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Tina Cosigns a Promissory Note at Globe Bank for $500

Question 73

Multiple Choice

Tina cosigns a promissory note at Globe Bank for $500 for her friend Tom.Tom defaults on the loan,and Globe Bank collects $500 from Tina.Tina then collects $500 from Tom.Tina could collect money from Tom because of her right of ________.


A) subrogation
B) reimbursement
C) contribution
D) attachment

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