Maggie Is a Surety for Jo's Debt to Bill

question 36

Multiple Choice

Maggie is a surety for Jo's debt to Bill. Bill and Jo decide to make material changes to the original contract without informing Maggie. Maggie is​

• A) ​bound by the contract including the changes.
• B) ​discharged completely.
• C) ​bound by the contract according to the original terms.
• D) ​bound by the contract unless she objects within thirty days.

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Definitions:

Alternative Hypotheses

In statistics, alternative hypotheses suggest that there is a significant difference, effect, or relationship between two variables.

Square Footage

A measure of area used primarily in the United States, equivalent to the area of a square with sides one foot in length.

P-value

A statistical measure indicating the probability of observing the given or more extreme outcome assuming the null hypothesis is true.

Population Mean

The average value of a characteristic in a population, calculated by summing the values for the characteristic among all individuals and dividing by the total number of individuals.