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A owes B. B assigns the credit to C. B is in good faith. It was agreed that B would be responsible for A’s solvency. The parties did not agree on the duration of the liability. If the debt was due Jul. 6, 2019 and the assignment was made Aug. 8, 2019, until when is the guaranty? (See Art. 1629)

A owes B. B assigns the credit to C. B is in good faith. It was agreed that B would be responsible for A’s solvency. The parties did not agree on the duration of the liability. If the debt was due Jul. 6, 2019 and the assignment was made Aug. 8, 2019, until when is the guaranty? (See Art. 1629)

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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 A owes B. B assigns the credit to C. B is in good faith. It was agreed that B would

be responsible for A’s solvency. The parties did not agree on the duration of the

liability. If the debt was due Jul. 6, 2019 and the assignment was made Aug. 8,

2019, until when is the guaranty? (See Art. 1629) 

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