In the Case in the Text National College Loan Trust

Multiple Choice

In the case in the text National College Loan Trust 2004-1 v.Irizarry,what was the court's holding?

A) The contract did not require the loan company to exhaust all remedies against the student before calling upon the accommodation party to make a payment.
B) The contract required the loan company to exhaust all remedies against the student before calling upon the accommodation party to make a payment.
C) The accommodation party was not liable for payments on the loan because he did not receive a benefit under the education loan contract.
D) The accommodation party was not liable for payments on the loan because the loan company did not properly put him on notice.