A surety has a right of ________,which is the right of the surety or guarantor to require the debtor to make good on his commitment to the creditor when he (1)is able to do so and (2)does not have a valid defense against payment.
A)reimbursement
B)exoneration
C)contribution
D)subrogation

Question

Quizplus · Accepted Answer

A surety has a right of exoneration which is the right of the surety or guarantor to require the debtor to make good on his commitment to the creditor when he (1)is able to do so and (2)does not have a valid defense against payment.

A Surety Has a Right of ________,Which Is the Right