Solved

Creditor Required That Apex Co

Question 14

Multiple Choice

Creditor required that Apex Co. obtain a performance bond for contracting work Apex agreed to perform. The bond issued by Surety contained forged signatures of Apex's principals. The fraud on Surety


A) discharges the surety
B) exonerates the surety
C) renders the Creditor-Apex contract void
D) has no effect on Surety's obligation to Credito
E) discharges Apex

Correct Answer:

verifed

Verified

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

Related Questions