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Fact Pattern 28-1A (Questions A12-A15 Apply)

question 14

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Fact Pattern 28-1A (Questions A12-A15 apply)
Dollar Value Motors asks Estimable Bank for a loan to increase its vehicle inventory.Estimable requires Flair,Dollar Value's president,sign a personal guaranty to pay the debt if Dollar Value defaults.Meanwhile,to buy a pick-up truck from Dollar Value,Gina asks Harper to co-sign a credit application.
-Refer to Fact Pattern 28-1A.If Harper signs the application but fails to con?di?tion her signature on Dollar Value's agreement to pursue its legal remedies against Gina before looking to her,then Harper is

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Definitions:

New Crankshaft

A component of an engine which converts the reciprocating motion of the pistons into rotational motion, with the term suggesting a replacement or upgrade.

Used Cars

Pre-owned vehicles that have been sold or transferred from one owner to another.

Quality Distribution

The variance in quality levels among different units of a product or service within a specific market or industry.

Appraiser

A professional who assesses the value of properties, goods, or artwork.

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