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Bond Co Is a Surety on a Debt Debtor Owes to to Creditor

Question 12

Multiple Choice

Bond Co. is a surety on a debt Debtor owes to Creditor. Debtor, apparently solvent, refused to pay Creditor, and Creditor turned to Bond Co. Bond Co. now has a right of


A) contribution
B) subrogation
C) exoneration
D) reimbursement
E) determinability

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