This is how family fulfills the function of co- guarantor of education.
They may be in the form of a contract of a surety, of a guarantor, or of an indorser.
They apply equally to a surety, a guarantor and an indorser.
It doesn't matter so much about the payment, there is always a second guarantor.
He got me to write my name to a bill as guarantor of the amount.
In some jurisdictions he is liable as a guarantor, in some as a surety, but in most as an ordinary indorser.
Whether a promisor is a surety, a guarantor, or an indorser depends upon the particular kind of a contract made.
But the conditions and terms of the agreement may make it that of a surety, a guarantor or an indorser.
A promisor may be a surety, a guarantor, or an indorser of a negotiable instrument.
Some make his liability that of a surety, some that of a guarantor, and others that of an indorser.