Answer to Question #192027 in Law for Beauty Magadlela

Question

Paulus owes money to Paul. The full amount of the debt is secured by a suretyship contract in which Evert is the surety, and also by a cession to Paul of Paulus’s right to receive payment from Ryan.

Which ONE of the following statements is INCORRECT?

1 Paulus may cede to Evert his right to receive payment from Ryan.

2 Paulus is not entitled to sue Ryan for the money he owes him in order to pay Paul.

3 Evert is not entitled to the benefit of division if Paul attempts to recover the entire debt from him.

4 Evert may possibly obtain a right to the money which Ryan owes to Paulus if he settles the entire debt

Answer 1

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