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spcial defense lar to the suregyship relationship that may be raised by a party Ordinary Contaaut Defenses ndference that the defense of ase with resulting

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spcial defense lar to the suregyship relationship that may be raised by a party Ordinary Contaaut Defenses ndference that the defense of ase with resulting e by anothe lnentfailure to making Because the relationship of suretyship is based on a contract, the ent of fact, defense that a party to an ordinary contract may raise. For examp the defense of lack of capacity of parties, absence of consideration, Fraud and concealment are common defenses. Fraud on the that is unknown to the creditor and in which the creditor has na inowledge or ordinarily release the surety Because the risk of the principal debtor's default is thrown on for a creditor to conceal from the surety facts that are material to t information not THINKING THINGS THROUGH Pro Rata Shares for Co-Sureties Corporation borrowed $90,000 from First Bank and the loan and demanded payment fr anded three sureties for the loan. Anna Flynn agreed to ever, Frank Conlan was in bankrupt How much would Anna and Ci surety for $45,000 for AFC's debt. Frank Conlan agreed to surety for $60,000, and Charles Aspen agreed to be a Bank? for $75,000. When AFC owed $64,000, it defaulted on

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