|
Title: C guarantees the loan of A to Happy Bank. The guarantee provides that before the bank can sue C, it ... Post by: Ashorn on Aug 24, 2017 C guarantees the loan of A to Happy Bank. The guarantee provides that before the bank can sue C, it must give C notice. A defaults on the loan and the bank simply sues A and C. In this case,
a. C will be liable because A is party to the proceedings. b. C will be liable on the guarantee. c. C will not be liable because only A as principle debtor is liable. d. C will not be liable because the bank made material changes to the guarantee. e. C will not be liable because the bank breached the terms of the guarantee. Title: Re: C guarantees the loan of A to Happy Bank. The guarantee provides that before the bank can sue C, ... Post by: MiY4Gi on Aug 24, 2017 Content hidden
|