1. EZ Credit, Inc., lends $1,000 to Joe. Kay acts as Joe’s surety. If Kay pays the loan, she gets

   	a.	any right that EZ had against Joe, but not a right to be repaid by Joe.
   	b.	any right that EZ had against Joe and a right to be repaid by Joe.
   	c.	none of the choices.
   	d.	a right to be repaid by Joe, but not any right that EZ had against Joe.

1. 
   

2. The payment of Janitorial Service’s debt to Business Finance, Inc., is guaranteed by the service’s personal property. Business Finance is

   	a.	an unsecured creditor.
   	b.	a debtor.
   	c.	a secured party.
   	d.	a security interest.