True/False
A surety can assert his or her own bankruptcy as a defense to avoid liability on a principal debtor's obligation.
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q10: With a guaranty arrangement,the guarantor is secondarily
Q11: Bartleby owes $5,000 to Countryside Credit Union.As
Q12: Fact Pattern 28-1B <br>Chocolate! Chocolate! Corporation is
Q13: Personal property that is most often exempt
Q14: Subrogation refers to the right of a
Q16: A creditor can garnish almost all types
Q17: A surety is not entitled to receive
Q18: Fact Pattern 28-1B <br>Chocolate! Chocolate! Corporation is
Q19: Under federal law,an employer can dismiss an
Q20: Fact Pattern 28-2B <br>Rico signs a lease