Solved

Delany & Sons, Inc

Question 27

Essay

Delany & Sons, Inc., owes Evermore Bank $50,000. Delany enters into a contract with Floyd under which Delany promises to manage and oversee Floyd's Seaside Marina. Under the contract, Floyd promises to pay Evermore the amount that will be due Delany until his debt to Evermore is paid. Delany performs as promised, but Floyd does not pay the bank. Can Evermore succeed in a suit against Floyd? Why or why not?​

Correct Answer:

verifed

Verified

Evermore could succeed in a suit against...

View Answer

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

Related Questions