Which of the Following Contract Defenses Cannot Be Raised as a Defense

question 13

Multiple Choice

Which of the following contract defenses cannot be raised as a defense against suretyship obligations?

• A) Lack of capacity
• B) Absence of consideration
• C) Mistake
• D) All of the above defenses may be raised.

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Definitions:

Internal Controls

Internal controls are processes and procedures implemented by a business to ensure the integrity of financial and accounting information, promote accountability, and prevent fraud.