All of the Following Statements About a Surety Are True

question 9

Multiple Choice

All of the following statements about a surety are true EXCEPT

• A)A surety theoretically expects no losses to occur.
• B)The principal is the party who agrees to answer for the debt,default,or obligation of another party.
• C)The surety has the legal right to recover a loss payment from the defaulting principal.
• D)There are three parties to a surety bond: the principal,the surety,and the obligee.

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Definitions:

Gender Stereotypes

Preconceived ideas or beliefs about roles and behaviors deemed appropriate for men and women in a society.

Gender Schemas

Cognitive structures that influence how individuals perceive and enact gender roles, based on societal norms and personal experiences.

Sexual Behavior

Actions that are related to physical intimacy or sexual activities.

Misrepresenting

The act of giving a false or misleading account of the nature of something.