Which of the following is not a suretyship defense?
A) statute of limitations
B) performance of the obligation by the principal debtor
C) creditor substitution of the original debtor with a new one
D) insolvency of bankruptcy of the principal debtor
Question 2
Mia and George Hargrove, husband and wife, were in a serious automobile accident. George was pronounced dead at the scene of the accident and Mia died four days later. They died without wills and they have three children. Which of the following describes how their property would be distributed under the UPC?
A)George's property goes to Mia and Mia's property goes to George
B)George's property goes to Mia and Mia's property goes to the children
C)Both George's and Mia's property goes to the children
D)Without a will, the property escheats
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