Solved

It Is Common in Many Business Transactions Involving the Extension

Question 27

Multiple Choice

It is common in many business transactions involving the extension of credit for the creditor to require that someone in addition to the debtor promise to fulfill the obligation. This promisor generally is known as a(n) ___.


A) surety
B) grantee
C) promoter
D) testator

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions