Question: A guarantor Multiple Choice a. Can be required to pay a debt on behalf of another at the option of the debt holder b. Is

A guarantor Multiple Choice a. Can be required to pay a debt on behalf of another at the option of the debt holder b. Is responsible for payment of a debt as soon as the principal demands payment c. Assumes full responsibility of a debt upon signing as guarantor d. Agrees to take responsibility for a debt immediately e. Assumes contingent llability for the debt of another

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