Which of the following events will release a noncompensated surety from liability?

A. Release of the principal debtor's obligation by the creditor but with the reservation of the creditor's rights against the surety.
B. Modification by the principal debtor and creditor of their contract that materially increases the surety's risk of loss.
C. Filing of an involuntary petition in bankruptcy against the principal debtor.
D. Insanity of the principal debtor at the time the contract was entered into with the creditor.


B. Modification by the principal debtor and creditor of their contract that materially increases the surety's risk of loss.

Business

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If you view your employer's instructions or influence as improper, then you should most likely:

A) report your company to your industry's governing body B) do what everyone else is doing C) compromise your values in order to keep your job D) voice opposition to the practice if it is in conflict with your value system E) follow the lead of your colleagues

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In the United States, government operates under federalism where both the federal and state regulate citizens

a. True b. False

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The agency responsible for administering and enforcing the Wagner Act is the National Labor Relations Board.

Answer the following statement true (T) or false (F)

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Which of the following is the second phase in the life cycle of a venture capital deal?

A) A limited partnership is formed and funds are raised. B) Funds are invested in start-up companies. C) The venture firm exits the investment. D) The venture firm seeks approval from the S.E.C.

Business