Which of the Following Is Not a Defense to a Surety

question 23

Multiple Choice

Which of the following is not a defense to a surety?

• A) fraud practiced by the debtor of which the creditor was unaware
• B) lack of consideration
• C) lack of capacity on the part of the surety
• D) mistake

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Definitions:

Antitrust Violation

An act or practice that significantly interferes with competitive processes in a marketplace, contrary to antitrust law.

Tour Business

A company or service provider engaged in organizing and facilitating travel and tourism activities for individuals or groups.

Relevant Market

Defines the market in which a company competes or wishes to compete, considering both the product market (types of products) and the geographic market (area served).

Service Type

Service type refers to the particular category or nature of services offered by a business or an organization to its customers or clients.