If the surety is a(n) ___________, then the creditor may hold the surety liable as soon as the principal debtor defaults.
A) absolute surety
B) conditional surety
C) subrogee
D) mortgagee

Name: If the surety is a(n) ___________, then the creditor may hold the surety liable as soon as the principal debtor defaults. A) absolute surety B) conditional surety C) subrogee D) mortgagee
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Question

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An absolute surety is liable immediately upon the default of the principal debtor, without any conditions needing to be met.

If the Surety Is A(n) ___________, Then the Creditor May