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Which of the Following Statements Is True of Accommodation Sureties

Question 48

Multiple Choice

Which of the following statements is true of accommodation sureties?


A) They are people paid for serving as a surety.
B) They are protected by the courts at a higher level than other types of sureties.
C) They must show that they will be harmed by an extension of time before they are relieved of responsibility.
D) They are professional companies that take payment for acting as a surety.

Correct Answer:

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