Fact Pattern 28-1B

question 57

Multiple Choice

Fact Pattern 28-1B
Beta Software Corporation is a new company that needs to borrow money to meet its payroll. Cliff, president and owner of Beta, asks First National Bank to loan Beta the funds.
-Refer to Fact Pattern 28-1B. If First National insists that Cliff sign the loan applica?tion, making himself personally liable for payment whether or not Beta defaults, Cliff will be

• A) a guarantor and a surety.
• B) a guarantor only.
• C) a surety only.
• D) neither a guarantor nor a surety.

---

Definitions:

Expertise

An extensive amount of background knowledge that is relevant to a reconstructive memory task.

Persuasion

The act or process of influencing someone's beliefs, attitudes, or behaviors through communication.

Greater Expertise

A higher level of knowledge, skill, or proficiency in a particular area or field.

Attractive Person

Refers to an individual who is found to be pleasing or appealing to the senses of others, often influenced by both physical traits and personality.