Question: QUESTION 8 Creditor required that Apex Co. obtain a performance bond for contracting work Apex agreed to perform. The bond issued by Surety contained forged

QUESTION 8 Creditor required that Apex Co. obtain
QUESTION 8 Creditor required that Apex Co. obtain a performance bond for contracting work Apex agreed to perform. The bond issued by Surety contained forged signatures of Apex's principals. The fraud on Surety a has no effect on Surety's obligation to Credito Ob discharges the surety Oc exonerates the surety Od. renders the Creditor-Apex contract void discharges Apex QUESTION Which of the following refers to a situation in which the creditor takes the collateral, discharges the debtor, and has no right to seek any deficiency? a Exoneration b. Judicial sale Striet foreclosure d. Subrogation Ce Blockbusting QUESTION 10 Under the a creditor may not ask a credit applicant to state sex, race, national origin, or religion. a Community Reinvestment Act b. Fair Credit and Charge Card Disclosure Act c. Home Mortgage Disclosure Act d. Fair Credit Reporting Act

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