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  #1  
Old 06-24-2019, 07:48 AM
Republicaninmass Republicaninmass is online now
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Quote:
Originally Posted by swarmee View Post
If that's what their guarantee states, then yes.
actually, it is Guaranty

from the Bible (internet)

"Guaranty” is the undertaking of an action where one is answerable to another for the payment of a debt by a third person. It can be undertaken for the performance of some specific duty when the other miscarries it"
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Old 06-24-2019, 07:51 AM
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Peter_Spaeth Peter_Spaeth is online now
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Quote:
Originally Posted by Republicaninmass View Post
actually, it is Guaranty

from the Bible (internet)

"Guaranty” is the undertaking of an action where one is answerable to another for the payment of a debt by a third person. It can be undertaken for the performance of some specific duty when the other miscarries it"
TPGs are not being asked to pay the debt of a third person. Guarantee is correct.

https://www.grammar.com/guarantee_vs._guaranty
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Last edited by Peter_Spaeth; 06-24-2019 at 07:52 AM.
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  #3  
Old 06-24-2019, 08:35 AM
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He means that guaranty is the word they use in their name. They're quite emphatic about that. But yes, the arrangement under discussion here is a guarantee.
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