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Rosa and Sally Agree to Guarantee Timon's Debt

Question 7

Multiple Choice

Rosa and Sally agree to guarantee Timon's debt.Rosa's maximum liabil?ity is $30,000,and Sally's is $20,000.Timon owes $20,000 and is in default.Rosa pays the creditor the entire amount.In the ab?sence of an agree?ment to the contrary,Rosa can recover from Sally


A) $8,000.
B) $10,000.
C) $20,000.
D) 0.

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