REG- Question about Surety vs. Guaranty

This topic has 3 replies, 3 voices, and was last updated 10 years, 6 months ago by CPAchronicles.

Creator

Topic
August 23, 2014 at 5:26 pm #188065

CPAchronicles
Member

Hi,

I am using BECKER and the mnemonic for contracts in writing is “MYLEGS” whats confusing to me is I know (s) sureties must have contracts in writing but do guaranty contracts have to be in writing as well?

Thanks!!

Viewing 3 replies - 1 through 3 (of 3 total)

Author

Replies
August 23, 2014 at 5:31 pm #588946

TigerWoods
Member

Yes

August 23, 2014 at 6:16 pm #588947

leglock
Participant

oops , didn't see it was already answered

August 23, 2014 at 6:37 pm #588948

CPAchronicles
Member

thanks!
Author

Replies

Viewing 3 replies - 1 through 3 (of 3 total)

The topic ‘REG- Question about Surety vs. Guaranty’ is closed to new replies.