Fact Pattern 28-1B. Chocolate! Chocolate! Corporation is a new company that needs to borrow money to meet its payroll. Dayna, pr
esident and owner of Chocolate! Chocolate!, asks Evermore Credit Union to loan the funds to Chocolate! Chocolate! If Evermore insists that Dayna sign the loan application, making her personally liable for PAYMENT WHETHER OR NOT Chocolate! Chocolate! defaults, Dayna will be
Explanation: a surety involves a promise by one party to take responsibility for the debt obligation of a borrower if that borrower defaults. A surety bond or surety is a promise by a guarantor to pay one party (the obligee) usually a government entity a certain amount if a second party (the principal) fails to meet fulfilling the terms of payment.The surety bond protects the obligee against losses resulting from the principal's failure to meet the obligation. The person providing the promise is also known as a surety or a guarantor
According to the population census of 2011 (2068 BS), there are 123 identified caste/ethnic groups, language groups and more than a dozen of religious groups.
- - 4. follow a course independent of the superpower <span> - - This is because During the cold war, nations that adopted to the policy of a nonalignment believed they should </span><span> follow a course independent of the superpower.</span>
Elaborative rehearsal results in a more lasting memory and promotes the transfer of information to long-term memory, as compared to maintenance reversal.
