Payment of the Principal Obligation Will Not Discharge the Guarantor

question 42

True/False

Payment of the principal obligation will not discharge the guarantor from the obligation.

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Definitions:

Effective Leader

An individual who achieves desired results or goals through inspiring, motivating, and guiding others in a positive and strategic manner.

Diverse Cultural Backgrounds

The presence and inclusion of individuals from a wide range of cultural, ethnic, and racial backgrounds within a group or organization.

Effective Leader

An individual who influences and guides others towards the achievement of goals through their vision, integrity, and ability to innovate and motivate.

Ethical Values

The set of moral principles and standards that guide behavior and decision-making based on notions of right and wrong.