Which of the following is correct concerning suretyship and guaranty?
A) A surety is always liable from the moment the principal is in default.
B) A guarantor is always liable from the moment the principal is in default.
C) Both are undertakings by one person, for a consideration, to pay another person a sum of money in the event that the other person sustains a specified loss.
D) Neither can be exonerated from liability.
A
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Which of the following is not included under the heading "Capital and reserves" for IFRS financial statements?
A) ?Accumulated net profits or losses B) ?Cumlulative currency translation adjustments C) ?Upward revaluations of land and buildings D) ?Allowance for uncollectible accounts
The stage in the new product process that occurs first and has a pass ratio of 1:4 is the ________ stage
A) idea screening B) product development C) test marketing D) product soft launch E) concept testing
Mail surveys, mail panels, e-mail, and Internet surveys require a large field force
Indicate whether the statement is true or false
Cost of Goods Sold is decreased for underapplied overhead
Indicate whether the statement is true or false