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:

Media Richness

The theory that describes the ability of information to change understanding within a time interval, suggesting that communication media vary in their capacity to convey information effectively.

Communication Medium

The channel or method used to convey messages between a sender and a receiver.

Multi-Communicating

The practice of engaging in communication with multiple parties simultaneously, often through various digital platforms or channels.

Computer-Mediated Communication

Exchange of messages between two or more people through digital devices rather than face-to-face interaction.