Multiple Choice
Ross and Sally agree to guarantee Tim's debt.Ross's maximum liabil?ity is $15,000,and Sally's is $10,000.Tim owes $10,000 and is in default.Ross pays the creditor the entire amount.In the ab?sence of an agree?ment to the contrary,Ross can recover from Sally
A) $4,000.
B) $5,000.
C) $10,000.
D) nothing.
Correct Answer:
Verified
Correct Answer:
Verified
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