Since any map projection is a representation of one of those surfaces on a plane, all map projections distort. Every distinct map projection distorts in a distinct way. The study of map projections is the characterization of these distortions.
If you have the car as collateral, the loan company will take the car. The co-signer is not automatically put on the title, that would be between you and the co-signer. My father co-signed a loan when I was younger, and my name was on the title, not his.
If a cosigner is used to obtain the mortgage loan he must sign the documents provided by the lender. However, his name is not included on the mortgage instrument or as a grantee on the deed. Therefore, a cosigner is financially responsible for the loan, however, he doesn't have any ownership in the property. If the borrower defaults on the loan, the lender attempts to collect from the cosigner.