If a person entitled to enforce an instrument agrees, with or without consideration, to a material modification of the obligation of a party to the instrument, including an extension of the due date, then any accommodation party or indorser who has a right of recourse against the person whose obligation is modified is ________.
a) Liable for torts committed by the indorser or accommodation party, unless the alterations have come into effect primarily
b) Liable for the loss to the indorser or accommodation party
c) Discharged from any torts committed by the indorser or accommodation party
d) Discharged to the extent the modification causes a loss to the indorser or accommodation party