Personal Finance, 6e (Madura) Chapter 9 Personal Loans
40) All of the following are true regarding a cosigner on an account except A) the cosigner is responsible for any unpaid balance. B) the lender may not seize the assets of the cosigner. C) cosigning an account is a big liability and should be taken seriously. D) cosigning on a loan can restrict the amount that the cosigner is able to borrow. ................
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