To Be Relieved of Obligations as Surety,a Compensated Surety Must

question 54

Multiple Choice

To be relieved of obligations as surety,a compensated surety must show that:

• A)he is secondarily liable for the payment of the debt.
• B)a change in the contract was material and prejudicial to him.
• C)he lacks the capacity to fulfill his promise.
• D)he has provided adequate collateral to the creditor.

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Definitions:

Applied Behavior Analysis

A therapy based on the science of learning and behavior, aiming to improve specific behaviors and skills through reinforcement techniques.

Positive Reinforcements

A process in behaviorism where a behavior is strengthened and more likely to be repeated by following it with a desirable outcome or reward.

Undesirable Behaviors

Actions or responses that are considered negative or unwanted within a given context or society.

Operant Conditioning

A method of learning that occurs through rewards and punishments for behavior, through which an individual makes associations between a particular behavior and a consequence.