If the Surety Has to Perform the Principal's Obligation,then the Surety

question 21

Multiple Choice

If the surety has to perform the principal's obligation,then the surety acquires all the rights that the creditor had against the principal.This is known as the surety's:

• A) right to contribution.
• B) right of subrogation.
• C) right to compensation.
• D) right to reimbursement.

---

Definitions:

Short Text

A brief and concise string of words, often used for titles, labels, or simple descriptions.

Long Integer

A data type in computer programming that stores larger integer values compared to a standard integer type, varying by programming language.

Field Size

In database management, it refers to the maximum amount of data that can be stored in a database field.

Byte

A byte is a unit of digital information that typically consists of 8 bits, used to encode a single character of text in a computer.