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Home Q & A Board Humanities Legal Studies
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Ashorn Ashorn
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6 years ago
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.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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MiY4GiMiY4Gi
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6 years ago
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Ashorn Author
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6 years ago
Smart ... Thanks!
SUmmerPeople
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Yesterday
Good timing, thanks!
Smair87
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2 hours ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
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