If a Debtor Defaults and the Debtor's Surety Satisfies the Obligation,the

question 79

Multiple Choice

If a debtor defaults and the debtor's surety satisfies the obligation,the surety acquires the right of:

• A)subrogation.
• B)primary lien.
• C)indemnification.
• D)chattel mortgage.

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Definitions:

Eye Drops

A liquid medication or solution administered into the eye to treat a variety of conditions, such as infections, dryness, or glaucoma.

Gregarious

Characterized by a love of being in the company of others; sociable.

Sociable

The characteristic of being inclined to seek out and enjoy the company of others, often characterized by friendliness and the ability to interact well in social situations.

Behavioral Genetics

The field of study that examines the role of genetic and environmental influences on behaviors.