A Surety Is Liable from the Moment the Principal Is

question 45

True/False

A surety is liable from the moment the principal is in default.

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Definitions:

Culture Shock

The feeling of disorientation or discomfort that often comes from encountering a foreign culture or significant changes to one’s usual way of life.

Anxiety

A feeling of worry, nervousness, or unease, often about an imminent event or something with an uncertain outcome.

GLOBE Leadership Styles

A framework categorizing various leadership behaviors identified in the Global Leadership and Organizational Behavior Effectiveness research program.

Administratively Competent

Pertains to possessing the skills and ability to efficiently manage organizational processes and systems.