While Stella Was in Hong Kong,a Loan Came Due That

question 30

Multiple Choice

While Stella was in Hong Kong,a loan came due that she had guaranteed.The creditor,a kindly old man,extended the due date on the loan for thirty days,interest free.Did this action by the creditor discharge Stella from her obligation?

• A)Yes,it did,since Stella was not consulted on this change.
• B)Yes,it did,since her position as a guarantor was clearly prejudiced.
• C)No,it did not,since the change is obviously to the benefit of the guarantor.
• D)Yes,it did,because consent by Stella would be required.
• E)No,it did not,because the risk is not materially altered to her detriment.

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Definitions:

Heartfelt Communication

A form of communication that is authentic, honest, and empathetic, aiming to build genuine connections and mutual understanding between individuals.

Gender Barrier

Obstacles that hinder individuals based on their gender from advancing in their career or personal development within professional and social contexts.

Gateways

Entry or access points that enable transition or progress from one state or condition to another.

Functional Specialization

The practice of organizing a workforce where each member or department focuses on a specific set of tasks or expertise, promoting efficiency.