(Solved): Harold ('Sport') leaves for college next semester and needs a car for transportation. Hazel takes hi ...

Harold ('Sport') leaves for college next semester and needs a car for transportation. Hazel takes him around town to visit a number of car lots and dealerships until they find the vehicle they think is best suited and best priced for Sport's purposes. Sport pays

down and co-signs a note with Hazel to the finance company for the remaining

purchase price. The promissory note is secured by a first lien against the automobile, but the finance company wants more security for payment and requires Sport's father, Mr. Bacter, to sign a guaranty agreement. After 6 months, Sport defaults. Which of the following statement(s) is/are true? Select all which are.

Hazel is secondarily liable for the debt.

Mr. Baxter is primarily liable for the debt.

The finance company must pursue collection again Hazel before it can pursue collection again Mr. Baxter.

Sport is primarily liable for the debt.