2. Sorus and Ace have agreed, in writing, to act as guarantors of a debt owed by Pepper to Towns, Inc. The debt is evidenced by a promissory note. If Pepper defaults, Towns will be entitled to recover from Sorus and Ace unless

Select one:

a. Sorus and Ace are in the process of exercising their rights against Pepper.

b. Sorus and Ace prove that Pepper was insolvent at the time the note was signed.

c. Pepper dies before the note is due.

d. Towns has not attempted to enforce the promissory note against Pepper.