Payment of the Debt or Performance of the Obligation Discharges

question 9

True/False

Payment of the debt or performance of the obligation discharges both the principal debtor and the surety.

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Definitions:

Trade-Off

A comparison of costs and benefits of doing something.

Society's Goals

The collective aims or objectives sought after by a group of individuals living as a community or society.

Efficiently

Pertains to performing or operating in the best possible manner with the least waste of time and effort.

Resources

Various means or inputs (such as labor, capital, land) used in the production of goods and services.