A Guarantor Is Released from His or Her Obligation If

question 68

True/False

A guarantor is released from his or her obligation if a debtor cannot pay it.

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Definitions:

Deserved

Something deemed to be earned or merited based on actions or qualities.

Conscientious Objection

The refusal to perform a legal role or duty on the grounds of personal beliefs or principles, often seen in military service or medical procedures.

Zealousness

The quality of being fervently passionate or devoted to a cause, activity, or goal.

Obligation

A duty or commitment that an individual is required to fulfill by law, promise, or moral principles.