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Which of the following statements is not true according to the majority rules applicable to suretyship contracts? Question 7 options: A) One party promises to
Which of the following statements is not true according to the majority rules applicable to suretyship contracts?
Question 7 options:
A)
One party promises to pay the debt of another party.
B)
The promisor and the principal debtor can owe the original debt jointly.
C)
The creditor must know or have reason to know of the principal-surety relationship between principal debtor and the promisor.
D)
The principal debtor and the promisor must be in a principal-surety relationship.
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