Solved

Which of the Following Statements Is True Regarding Exoneration

Question 22

Multiple Choice

Which of the following statements is true regarding exoneration?


A) The right to exoneration arises when a surety has paid more than her share of the debt.
B) The surety's remedy of exoneration is against the debtor.
C) The surety has no right to exoneration until he actually pays the creditor.
D) The surety's right to exoneration confers upon the surety all the rights the creditor has against the debtor.

Correct Answer:

verifed

Verified

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

Related Questions