Bravo co-signs a $15,000 note payable to College Loan Company enabling Dios to obtain a student loan.

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Bravo co-signs a $15,000 note payable to College Loan Company enabling Dios to obtain a student loan. The terms of the note stated that Bravo signed "on behalf of" Dios. If Dios stops making payments on the debt, Bravo is

	a.	not liable because Bravo signed "on behalf of" Dios.
	b.	discharged from any obligation.
	c.	secondarily liable.
	d.	primarily liable.

Related Book For answer-question

Intermediate Accounting

ISBN: 978-0470161012

9th Canadian Edition, Volume 2

Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield.

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Posted Date: Dec 19, 2023 07:58 AM

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Bravo co-signs a $15,000 note payable to College Loan Company enabling Dios to obtain a student loan.

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Intermediate Accounting

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