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 these are valid contractual defenses in surety relationships. If the principal debtor's obligation does not exist, is discharged, or is modified, it can affect the surety's obligation.

What Contractual Defenses Are Available to Those Parties Involved in Surety