Mod 31 Wrong Answers

Question 1

Since surety is primarily liable on the debt of the principal debtor, the creditor can…

Answer 1

Seek payment directly from surety as soon as debt is due

Question 2

The creditor collecting from the debtor or compelling the creditor to proceed against any collateral the principal debtor may have…

Answer 2

Cannot be required by the surety

Question 3

The surety may use his or her defenses of…2

Answer 3

1 incapacity of the surety or bankruptcy of the surety

2 to limit his/her own liability

Question 4

The surety may not use…

Answer 4

Personal defenses of debtor

Question 5

The surety is primarily liable on…

Answer 5

The debt of the principal debtor