Which of the following is true about a surety's liability to pay in a surety arrangement?
A) The surety is secondarily liable for payment.
B) The surety is primarily liable for payment.
C) The principal debtor must be in default before the surety can be approached.
D) The surety can only be approached as a last resort to the creditor.
B
You might also like to view...
A firm that has a database containing consumer purchasing histories and uses the information to create market segments is using:
A) demographic segmentation B) psychographic segmentation C) benefit segmentation D) usage segmentation
Which of the following will we use if the source of our problem is the failure to meet an objective?
A) A control system B) An opportunity identification system C) A marketing opportunity analysis D) An objectivity course E) none of the above
Which of the following is an element of internal control?
a. monitoring b. risk assessment c. information and communication d. All of these choices.
List and briefly describe at least four methods to overcome writer's block