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It’s an easy way to remember when a surety can be released from liability.
I am from the streets, so this stuff is a part of my upbringing and clicks easily with me. It may not help people from higher class levels.
Surenos claim Blue like the Crips.
how about Sureties claim blue like the CRiPS. They can be released when
Creditor does bad things (fraud, duress etc.)
Release of the debtor
Payment in full by debtor
Surety is incapacitated or bankrupt.
anyways… just something I would like to share to help anyone who, like me, is struggling with all the non-tax stuff in REG.
FAR 78
REG 87
BEC 78
AUD 78
Passed all exams on first try! Good luck to everyone!
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