What contractual defenses are available to those parties involved in surety relationships?
A) The nonexistence of the principal debtor's obligation.
B) Discharge of the principal debtor's obligation.
C) Modification of the principal debtor's contract.
D) All of these.

Question

Quizplus · Accepted Answer

All of the options listed are valid contractual defenses in surety relationships. A surety's obligation is directly linked to the principal debtor's obligation; therefore, if the principal debtor's obligation does not exist, is discharged, or is modified without the surety's consent, these can all serve as defenses for the surety.

What Contractual Defenses Are Available to Those Parties Involved in Surety