Which of the Following Is Correct Concerning Suretyship and Guaranty

question 20

Multiple Choice

Which of the following is correct concerning suretyship and guaranty?

• A) Each relationship always creates primary liability.
• B) Each involves answering for the debt or default of another.
• C) Each relationship of suretyship or guaranty must be in writing to be enforceable.
• D) Each relationship always creates secondary liability.

---

Definitions:

Disenfranchised Grief

A form of grief that is not acknowledged or validated by society, often leading to a lack of support for the grieving person.

Secret Relationship

A romantic or personal relationship that is kept hidden from family, friends, or the public.

Heart Attack

A medical condition also known as a myocardial infarction, caused by the blockage of blood flow to the heart muscle.

Single Mother

A woman who raises her child(ren) without a partner's assistance.