Queen paid Pax and Co. to become the surety on a loan that Queen obtained from Squire.

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Queen paid Pax and Co. to become the surety on a loan that Queen obtained from Squire. The loan is due, and Pax wishes to compel Queen to pay Squire.

Pax has not made any payments to Squire in its capacity as Queen’s surety. Pax will be most successful if it exercises its right to 734 Part 5 Debtor-Creditor Relationships

a. Reimbursement (indemnification)

b. Contribution

c. Exoneration

d. Subrogation AppendixLO1

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