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    Question

    How can a continuing guarantee be revoked by the surety?

    A By notifying the debtor Correct Answer Incorrect Answer
    B By notice to the creditor, as to future transactions Correct Answer Incorrect Answer
    C By paying off the entire debt Correct Answer Incorrect Answer
    D By requesting the court to revoke it Correct Answer Incorrect Answer
    E By the creditor's consent Correct Answer Incorrect Answer

    Solution

    Section 130.Revocation of continuing guarantee.β€”A continuing guarantee may at any time be revoked by the surety, as to future transactions, by notice to the creditor.

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