In Which of the Following Cases Can a Surety Avoid

question 27

Multiple Choice

In which of the following cases can a surety avoid liability for a principal's default?

• A) If the principal is a minor and therefore lacks the capacity to contract
• B) If the principal has filed for bankruptcy
• C) If the principal is induced to contract with the seller-creditor by fraud or duress
• D) If the principal is insane

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Definitions:

Recessive Gene

A gene that produces its characteristic phenotype only when its allele is identical.

Personality Disorders

A class of disorders marked by extreme, inflexible personality traits that cause subjective distress or impaired social and occupational functioning.

Lifetime Prevalence

The proportion of individuals in a population who have experienced a particular condition at any time in their life.

Prenatal Complications

Health problems that occur during pregnancy, which can affect either the mother, the developing fetus, or both.