True/False
Amanda,a recent university graduate,needed a car to get to her new job.To help Amanda secure a loan for the car,Ted,a friend,agreed to pay the loan should Amanda default.Ted's promise to pay the loan is a collateral promise.His promise must be in writing to be enforceable.
Correct Answer:
Verified
Correct Answer:
Verified
Q3: Ethel's Exercise World plans to order three
Q4: Sweet Plantation,Inc.made a written contract with Candy,Inc.whereby
Q5: Which of the following would suffice for
Q6: Vicki entered into a written contract to
Q7: Hannah orally agrees to sell her house
Q9: Either party may demand rescission of a
Q10: Which of the following oral contracts may
Q11: Renita,a merchant,has received a signed,written confirmation from
Q12: E-signatures are valid in all 50 states.
Q13: Vicki entered into a written contract to