If You Cosign a Loan, All of the Following Are

Multiple Choice

If you cosign a loan, all of the following are true except,

A) you are being asked to guarantee the debt.
B) it is your legal responsibility to pay the debt.
C) you'll have to pay only a portion of the debt if the borrower does not pay.
D) the creditor must first try to collect from the borrower.
E) the creditor can garnish your wages.