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    Exam 9: Secured Transactions and Bankruptcy
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    When a Surety Pays the Creditor Upon the Default of the Debtor
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When a Surety Pays the Creditor Upon the Default of the Debtor

Question 9

Question 9

Multiple Choice

When a surety pays the creditor upon the default of the debtor, the surety has the right of _____ against the debtor.


A) subrogation
B) gentrification
C) reimbursement
D) exoneration

Correct Answer:

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