Multiple Choice
If there are cosureties and one of them has had to pay the principal's debt,the cosurety who paid the debt has a claim against the other cosureties because of:
A) the right of subrogation.
B) the right to contribution.
C) the right of strict foreclosure.
D) the right to reimbursement.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q9: Strict foreclosure is normally limited to situations
Q20: Define strict foreclosure.
Q21: If the surety has to perform the
Q24: A surety could avoid liability for a
Q25: Artisans who retain goods are liable for
Q26: If you buy a pair of jackets
Q26: Rita cosigned a promissory note for $500
Q27: Under which of the following contract devices
Q28: The right of a lienholder to possess
Q29: The owner (mortgagor)of property subject to a