Which of the Following Statements Is True of Accommodation Sureties

question 48

Multiple Choice

Which of the following statements is true of accommodation sureties?

• A) They are people paid for serving as a surety.
• B) They are protected by the courts at a higher level than other types of sureties.
• C) They must show that they will be harmed by an extension of time before they are relieved of responsibility.
• D) They are professional companies that take payment for acting as a surety.

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Definitions:

Italy

A country located in southern Europe, known for its rich history, art, culture, and significant contributions to world civilization.

Historical Project

An endeavor or research activity that seeks to uncover, interpret, or preserve past events and their significance.

Consumerism

The societal trend that emphasizes the acquisition of goods and services in ever-greater amounts, often associated with a way of life that values consumption.

Communism

Is a social and economic system in which property is owned by public bodies; government planning, not the market, determines production and distribution.