Hill owned a roofing business that had an account at Lowe's to buy supplies. He sold the business to his employees who had used the account. When he sold the business, he asked a person at Lowe's to close the account. The account documents stated that to close the account, Hill must contact Lowe's headquarters in writing, but he did not. His former employees ran up a bill on the account. Lowe's
sued Hill for the balance due as the former employees were bankrupt. Most likely, the court would hold that Lowe's could:
a. only collect from the new owners because Hill was not a surety
b. not collect from anyone since the new owners were bankrupt and Hill was not a surety
c. collect from Hill because he was a surety on the business, even if not a surety on the Lowe's account d. collect from Hill because he failed to close the account properly
e. none of the other choices
d
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