Multiple Choice
While Stella was in Hong Kong,a loan came due that she had guaranteed.The creditor,a kindly old man,extended the due date on the loan for thirty days,interest free.Did this action by the creditor discharge Stella from her obligation?
A) Yes,it did,since Stella was not consulted on this change.
B) Yes,it did,since her position as a guarantor was clearly prejudiced.
C) No,it did not,since the change is obviously to the benefit of the guarantor.
D) Yes,it did,because consent by Stella would be required.
E) No,it did not,because the risk is not materially altered to her detriment.
Correct Answer:

Verified
Correct Answer:
Verified
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