Open Access. Powered by Scholars. Published by Universities.®
Articles 1 - 1 of 1
Full-Text Articles in Law
The "Surety" And Article 3: A New Identity For An Old Friend, Raymond A. Noble
The "Surety" And Article 3: A New Identity For An Old Friend, Raymond A. Noble
Duquesne Law Review
The focus of this article is on the sections of Article 3 of the Uniform Commercial Code that purportedly pertain to sureties. The author examines these sections, and the comments thereto, to determine if they can be reconciled with common-law surety concepts. The operative consideration, he contends, is the existence of a party's "right of recourse," a consideration which most courts, unfortunately, have neglected in their analyses.