Solved

Which of the Following Defenses Goes to the Merits of a Primary

Question 29

Multiple Choice

Which of the following defenses goes to the merits of a primary contract and can be used by a surety?

A) Lack of consideration
B) Lack of capacity
C) Insanity
D) Bankruptcy

Related Questions

Q24: Forbearance is the method by which a

Q25: In a deed of trust transaction, the

Q26: Rita cosigned a promissory note for $500

Q27: In which of the following cases can

Q28: _ implies that the creditor has no

Q30: Which of the following statements is true

Q31: A surety is a person who is

Q32: Which of the following is true of

Q33: If several people act as cosureties for

Q34: Under strict foreclosure, the creditor has the