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:

Correlation

A measure of the relationship between two variables, indicating how one may predict or relate to the other.

Cassation

The highest level of judicial appeal process where a court's decision can be overturned or annulled, often found in civil law jurisdictions.

Convenience Sample

A sampling method where participants are selected based on their easy accessibility and proximity to the researcher.

Random Sample

A group of people selected from a broader population, where each person has the same likelihood of being chosen.