If there are two or more sureties and one pays more than its proportionate share of the debt, such surety has the right against the co-sureties known as: ______.
A) indemnity.
B) exoneration.
C) subrogation.
D) contribution.
Question 2
Graham Nesbitt has passed away leaving no will, his wife, and three stepchildren from his wife's previous marriage. How will Graham's estate be distributed?
A)It will escheat
B)The estate goes to his wife
C)The estate is divided equally among his wife and the stepchildren.
D)The estate is taxed at a higher rate because there was no will
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