In a Contract for Suretyship the Third Party Who Is

question 159

Multiple Choice

In a contract for suretyship the third party who is responsible for the borrower's payment obligations, or performance, to a creditor is known as the:

• A) banker
• B) borrowee
• C) principal
• D) lender
• E) none of the other choices are correct

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Definitions:

Infant formula

A manufactured food designed and marketed for feeding to babies and infants under 12 months of age, usually prepared for bottle-feeding or cup-feeding from powder or liquid.

Cow's milk

A common dairy product obtained from the milk of cows, used as a beverage or food ingredient.

Solid foods

Foods that are not liquid or pureed, introduced to an infant’s diet typically around six months of age to complement breastmilk or formula.

Whole cow's milk

The complete, unaltered milk obtained from cows, rich in nutrients like fat, protein, vitamins, and minerals, generally consumed after infancy.