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To borrow the money to buy a car, Klaus signs a note quot;payable to the order of Lake City Auto Financing.quot; Minnie cosigns the note to...
2. To borrow the money to buy a car, Klaus signs a note "payable to the order of Lake City Auto Financing." Minnie cosigns the note to guarantee the repayment of the loan. Minnie's liability on this note isA) lateral. B) tertiary. C) secondaryD) primary. E) she has no liability