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EZ loan company lends $90,000 to John Paul, George and Ringo as co-sureties. The maximum liability for each of them is $18,000 for Paul $27,000

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EZ loan company lends $90,000 to John Paul, George and Ringo as co-sureties. The maximum liability for each of them is $18,000 for Paul $27,000 for George $45,000 for Ringo. With $60,000 left to pay on the loan John defaults. If Ringo pays $45,000 and John pays $15,000 how much can Ringo get back from Paul and George? a $18,000 from Paul and $27,000 from George b. $13,500 from Paul and $20,250 from George OC.59,000 from Paul and 513,500 from George d. Nothing QUESTION 27 A bankruptcy trustee has the power to avoid: a preferential transfers b. fraudulent conveyances c. transactions that the debtor could have canceled d. all of the above QUESTION 28 Kagrees to co-sign a car loan application for his nephew. Legally Kis considered: surety and assume primary liability b. a Surety and have secondary liability Cuarantor and have primary lability Cand CATA

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