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    Exam 12: Genuineness of Assent and Statute of Frauds
  5. Question
    A(n)________ Contract Occurs When One Person Agrees to Answer for the Debts
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A(n)________ Contract Occurs When One Person Agrees to Answer for the Debts

Question 117

Question 117

Multiple Choice

A(n) ________ contract occurs when one person agrees to answer for the debts or duties of another person.


A) indemnity
B) assurance
C) guaranty
D) due diligence
E) insurance

Correct Answer:

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