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    Law for Business Study Set 1
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    Exam 42: Introduction to Security
  5. Question
    If the Creditor Allows the Principal an Extension of Time
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If the Creditor Allows the Principal an Extension of Time

Question 41

Question 41

True/False

If the creditor allows the principal an extension of time to perform the contract,compensated sureties are relieved of liability unless they consent to the extension of time.

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