Solved

The "Main Purpose" or "Leading Object" Exception Is Intended to Ensure

Question 53

True/False

The "main purpose" or "leading object" exception is intended to ensure that the primary benefactor/guarantor of the contract is answerable for the debt or duty.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Q48: The Statute of Frauds may not be

Q49: In December,2001,Mark signs a written consulting agreement

Q50: The primary significance of requiring only the

Q51: In a guarantee situation,there are only two

Q52: Jack and Jill were discussing business over

Q54: John is president and sole shareholder of

Q55: A written agreement was signed by the

Q56: The part performance exception to the Statute

Q57: The Statute of Frauds does not apply

Q58: The exception to the Statute of Frauds,which