Question: In a guaranty contract: The guarantor is secondarily liable. The guarantor is liable to pay the debt of the debtor if he defaults and does
In a guaranty contract:
The guarantor is secondarily liable.
The guarantor is liable to pay the debt of the debtor if he defaults and does not pay the debt when it is due.
The guarantor is a codebtor who is liable to pay the debt when it is due.
Both a and above.
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