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
$1,000 down and co-signs a note with Hazel to the finance company for the remaining
$3,500 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.