Ivor borrowed $420,000 from Lear Bank. At Lear’s request, Ivor entered into an agreement with Ash, Kane, and Queen for them to act as cosureties on the loan. The agreement between Ivor and the cosureties provided that the maximum liability of each cosurety was: Ash, $84,000;

Kane, $126,000; and Queen, $210,000. After making several payments, Ivor defaulted on the loan. The balance was

$280,000. If Queen pays $210,000 and Ivor subsequently pays $70,000, what amounts may Queen recover from Ash and Kane?

a. $0 from Ash and $0 from Kane.

b. $42,000 from Ash and $63,000 from Kane.

MODULE 31 DEBTOR-CREDITOR RELATIONSHIPS 831

c. $70,000 from Ash and $70,000 from Kane.

d. $56,000 from Ash and $84,000 from Kane.