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Author Question: If there are two or more sureties and one pays more than its proportionate share of the debt, such ... (Read 55 times)

clippers!

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on: Jun 24, 2018
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


sierramartinez

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Reply #1 on: Jun 24, 2018
Answer to Question 1

D

Answer to Question 2

B


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