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    Exam 16: Writing, Electronic Forms, and Interpretation of Contracts
  5. Question
    If the Main Purpose of a Promise Is to Pay
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If the Main Purpose of a Promise Is to Pay

Question 16

Question 16

True/False

If the main purpose of a promise is to pay the debt of another and benefit the promisor, the statute of frauds is not applicable, and the oral promise to pay the debt is binding.

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