Which of the Following Statements Best Defines a Surety

question 41

Multiple Choice

Which of the following statements best defines a surety?

• A) A person who is liable for the performance of another person's duty
• B) A person who is not liable for the payment of a principal's debts
• C) A person who makes a separate promise to be liable for the payment of a principal's debts
• D) A person who is not entitled to be reimbursed by the principal

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Definitions:

Employment Opportunities

Available job positions or careers within various organizations that potential employees can apply for.

Federal Trade Commission

A United States regulatory agency tasked with protecting consumers and maintaining competition among businesses.

Financial Misdeeds

Wrongful or illegal actions involving the misuse or mismanagement of financial resources.

Investors

Entities or persons who invest resources anticipating a financial gain in return.