Multiple Choice
A guarantor is a person who:
A) joins with the person who is primarily liable in promising to make the payment or to perform the duty.
B) does not join in making a promise,but makes a separate promise and agrees to be liable on the happening of a certain event.
C) is held for higher liability than a surety.
D) has personal defenses if the principal refuses to pay.
Correct Answer:
Verified
Correct Answer:
Verified
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