menu-iconExamlexExamLexServices

Discover

Ask a Question
  1. All Topics
  2. Topic
    Business
  3. Study Set
    Business Law with UCC Applications
  4. Exam
    Exam 11: Written Contracts and Cyber-Commerce
  5. Question
    Gabriel Applies for a Home Loan
Solved

Gabriel Applies for a Home Loan

Question 11

Question 11

Multiple Choice

Gabriel applies for a home loan.Mark signs the agreement promising to pay off the debt in case Gabriel fails to do so.In this case Mark is:


A) the guarantor.
B) the obligee.
C) the obligor.
D) the assignor.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q6: Alice uses an electronic "shopping cart" on

Q7: Charles orally promises Holly that he will

Q8: Which of the following is true of

Q9: According to the _,whenever an ambiguous term,clause,or

Q10: Donna entered into an oral contract with

Q12: Jane (seller)and Joe (buyer)enter into an oral

Q13: Under the _ rule,the courts generally accept

Q14: Jones orally agreed to sell his iPad

Q15: Uncle Rodrick was deeply in debt when

Q16: The Fair and Accurate Credit Transactions Act

Examlex

ExamLex

About UsContact UsPerks CenterHomeschoolingTest Prep

Work With Us

Campus RepresentativeInfluencers

Links

FaqPricingChrome Extension

Download The App

Get App StoreGet Google Play

Policies

Privacy PolicyTerms of ServiceHonor CodeCommunity Guidelines

Scan To Download

qr-code

Copyright © (2025) ExamLex LLC.

Privacy PolicyTerms Of ServiceHonor CodeCommunity Guidelines