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M.J. misses two free throws that cost his team the basketball game. His teammates blame M.J. for the loss. In the previous game, M.J. performed admirably and was the hero for his team as he hit the game winning shot. These types of reactions are most likely to occur in
Premium
The amount paid for an insurance policy or the cost above the nominal value of something.
Surety
A person or entity that assumes responsibility for another's performance of an obligation, such as the repayment of a loan or the fulfillment of a contract.
Suretyship Relationship
is a legal arrangement where a surety guarantees the performance of a debtor's obligation to a creditor, assuming liability if the debtor fails to fulfill the contractual obligation.
Principal Debtor
The main individual or entity responsible for repaying a debt or obligation.
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