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Q: 23) Who is the person that agrees to take responsibility for repayment of a loan if the primary borrower defaults? A. mentor B. guarantor C. cosigner D. benefactor
A: A GUARANTOR is the person that agrees to take responsibility for repayment of a loan if the primary borrower defaults.
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User: 23) Who is the person that agrees to take responsibility for repayment of a loan if the primary borrower defaults? A. mentor B. guarantor C. cosigner D. benefactor

Weegy: c. cosigner
workaholicmom|Points 2496|

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Asked 11/21/2010 9:12:28 PM
Updated 2/23/2016 12:39:24 AM
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A GUARANTOR is the person that agrees to take responsibility for repayment of a loan if the primary borrower defaults.
Added 2/22/2016 9:41:08 PM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [2/23/2016 12:39:25 AM]
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