Top Posters
Since Sunday
2
A
2
g
1
Home Q & A Board Humanities Legal Studies
New Topic  
Ashorn Ashorn
wrote...
Go to Answer
Posts: 1043
Rep: 0 0
7 years ago
While Stella was in Hong Kong, a loan came due that she had guaranteed. The creditor, a kindly old man, extended the due date on the loan for thirty days, interest free. Did this action by the creditor discharge Stella from her obligation?
a. Yes, it did, since Stella was not consulted on this change.
b. Yes, it did, since her position as a guarantor was clearly prejudiced.
c. No, it did not, since the change is obviously to the benefit of the guarantor.
d. Yes, it did, because consent by Stella would be required.
e. No, it did not, because the risk is not materially altered to her detriment.
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
Read 58 times
2 Replies
Replies
Answer verified by a subject expert
Existence87Existence87
wrote...
#1
Top Poster
Posts: 629
Rep: 21 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

Ashorn Author
wrote...
#2
7 years ago
Thanks!
New Topic      
Quick Reply
Bold
Italic
Underline
Strikethrough
Subscript
Superscript
Insert Math Equation
Font Name
Font Color
Align left
Center
Align right
Bullet list
Numbered list
Insert a horizontal rule
Insert a table
Insert a Quote
View source
Explore
Post your homework questions and get free online help from our incredible volunteers
  2041 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 244
  
 253
  
 441
Your Opinion
Who's your favorite biologist?
Votes: 722
Previous poll results: What's your favorite math subject?