Multiple Choice
Fact Pattern 28-1A
Dina asks Edie to co-sign a credit application so that she can borrow money and buy a truck from Finest Quality Motors.
-Refer to Fact Pattern 28-1A. If Edie signs the application only after lan?guage is included that requires Finest to exhaust its legal remedies against Dina before looking to her, then Edie is
A) a guarantor and a surety.
B) a guarantor only.
C) a surety only.
D) neither a guarantor nor a surety.
Correct Answer:
Verified
Correct Answer:
Verified
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