Payment Can Be Obtained from a Guarantor Even If the Principal

question 30

True/False

Payment can be obtained from a guarantor even if the principal debtor has not defaulted.

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Definitions:

Custodial Care

Long-term care provided primarily for assistance with daily living rather than medical needs; often relates to elderly or disabled individuals.

Political Attitudes

Individual or collective viewpoints and preferences about political issues, policies, and personalities that shape voting behavior and political participation.

Social Attitudes

Social attitudes are the prevailing views, thoughts, and feelings that individuals in a society hold towards people, objects, and ideas.

Microaggressions

Everyday verbal, nonverbal, and environmental slights, snubs, or insults, intentional or unintentional, which communicate hostile, derogatory, or negative messages to target persons based solely upon their marginalized group membership.