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When a Surety Pays a Debtor's Obligation, the Surety Is

Question 2

Multiple Choice

When a surety pays a debtor's obligation, the surety is entitled to have the co-sureties pay to the surety their proportionate share of the obligation the surety paid to the creditor. This is known as the right of ___.


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

Correct Answer:

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