Question: Question 25 2 pts Fact Pattern 29-1 Petro Oil Refinery asks Quality Bank for a loan to increase its oil inventory. Quality requires Robin, Petro's

Question 25 2 pts Fact Pattern 29-1 Petro Oil

Question 25 2 pts Fact Pattern 29-1 Petro Oil Refinery asks Quality Bank for a loan to increase its oil inventory. Quality requires Robin, Petro's president, sign a personal guaranty to pay the debt if Petro defaults. Meanwhile, to sell fifty barrels of refined oil to Slick Lubricants, Inc., Petro asks its outside accountant Tina to co-sign a credit application Refer to Fact Pattern 29-1. If Tina signs the application but fails to condition her signature on Petro's agreement to pursue its legal remedies against Slick before looking to her, then Tina is a guarantor. a lienor a creditor. O a surety

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