Question
T. Jones, M. Smith, and R. Wilson have provided a joint and several guarantees for 600,000. In a default situation the lender: -Can pursue a
T. Jones, M. Smith, and R. Wilson have provided a joint and several guarantees for 600,000. In a default situation the lender: -Can pursue a total of 600,000 -Can pursue the three individuals to a maximum of 200,000 each -Can pursue all three individuals for 600,000 each -Must choose which individual to pursue 600,000
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DCAA Contract Audit Manual Volume 1
Authors: Defense Contract Audit Agency
1st Edition
B08HTL19V5, 979-8684992995
