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If the principal debtor defaults, the surety has rights against the principal debtor, third parties, and cosureties. These rights would include:
Samuel Johnson
An English writer, poet, and lexicographer best known for his dictionary of the English Language published in 1755.
American Independence
The status achieved by the thirteen American colonies, which declared their independence from the British Empire in 1776 with the Declaration of Independence, leading to the American Revolutionary War.
1776
The year most famously known for the Declaration of Independence by the Thirteen Colonies in North America, marking the beginning of the United States of America's journey toward independence from British rule.
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