Multiple Choice
Tina cosigns a promissory note at Globe Bank for $500.00 for her friend Tom. Tom defaults on the loan, and Globe Bank collects $500.00 from Tina. Tina then collects $500.00 from Tom. Tina could collect money from Tom because of her right of _____.
A) subrogation
B) reimbursement
C) contribution
D) attachment
Correct Answer:
Verified
Correct Answer:
Verified
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