What Is the Legal Term for the Right of a Guarantor

question 33

Multiple Choice

What is the legal term for the right of a guarantor to recover from the debtor any payments made to the creditor?

• A) subrogation
• B) joint liability
• C) priority interest
• D) subversion

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Definitions:

Authoritative

A parenting style characterized by high responsiveness and high demands, where parents set clear standards but are also understanding and communicative.

Authoritative Pattern

The authoritative pattern is a parenting style characterized by a high level of demand and high responsiveness, where parents set clear rules and guidelines while also supporting and responding to their children's needs.

Physical Punishment

A form of discipline that involves causing deliberate physical pain or discomfort in response to undesired behavior as a method of correcting, controlling, or changing that behavior.

Cognitive Theorists

Scholars and scientists who study the mental processes involved in acquiring knowledge and understanding, including thought, experience, and the senses.