To be relieved of obligations as surety,a compensated surety must show that:
A)he is secondarily liable for the payment of the debt.
B)a change in the contract was material and prejudicial to him.
C)he lacks the capacity to fulfill his promise.
D)he has provided adequate collateral to the creditor.

Question

Quizplus · Accepted Answer

A compensated surety must show that a change in the contract was both material and prejudicial to him if he is to be relieved of his obligation as surety.

To Be Relieved of Obligations as Surety,a Compensated Surety Must