If Several People Act as Cosureties for a Principal and One

question 33

Multiple Choice

If several people act as cosureties for a principal and one of them had paid the principal's debt, the cosurety who paid the debt has a claim against the other cosureties because of his or her right _____.

• A) of subrogation
• B) to contribution
• C) of strict foreclosure
• D) to reimbursement

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Definitions:

Productive Efforts

Refers to activities or endeavors that lead to the creation of goods, services, or value, contributing to economic productivity.

Infrastructure

The fundamental facilities and systems serving a country, city, or area, including transportation and communication systems, water and power lines, and public institutions like schools and hospitals.

School Buildings

Structures designed and constructed specifically for educational activities and to accommodate students and faculty.