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Unformatted text preview: go to the merits of the contract between Henry and Shaft. Therefore, Gilda, as a surety, is not entitled to avoid her obligation on the basis of Henry's insanity. 25. Sam's promise is not enforceable. Because his promise was conditional on the debtor's default, Sam is a guarantor. And contracts of guaranty must be written. 26. Yes, because a cosurety who performs has a right of contribution from the other cosureties. Because each was a surety for an equal amount, it looks as if Susan will get a one-third contribution from both Shelly and Samantha. Answers to Student Study Guide and Workbook Questions 48...
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This note was uploaded on 04/30/2010 for the course BUSLAW 301 taught by Professor Abu during the Spring '09 term at Abu Dhabi University.
- Spring '09