Top Posters
Since Sunday
g
2
Home Q & A Board Humanities Legal Studies
New Topic  
Ashorn Ashorn
wrote...
Go to Answer
Posts: 1043
Rep: 0 0
7 years ago
Joe obtains a loan from a bank, and his wife, Mary, gives a personal guarantee as security. The guarantee is expressed as being a continuing guarantee. Two months later, Joe also obtains a line of credit from the same bank. This time Mary does not sign a guarantee. Mary is happy because she believes that the bank will not come after her if Joe defaults on the line of credit. Is Mary's belief true or false?
a. True

b. False
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
Read 72 times
1 Reply
Replies
Answer verified by a subject expert
AlexStanfordAlexStanford
wrote...
#1
Top Poster
Posts: 734
Rep: 24 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...

7 years ago
Thank you, thank you, thank you!
mambah4
wrote...

Yesterday
I appreciate what you did here, answered it right Smiling Face with Open Mouth
oscar520000
wrote...

2 hours ago
Smart ... 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
  2096 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Related Images
  
 430
  
 438
  
 1248