Multiple Choice
Which of the following is a term for contracts within the statute of frauds involving promises to pay the debt of another if the other party fails to pay?
A) Secondary promises
B) Primary promises
C) Novation agreements
D) Third-party debts
E) Pecuniary assignments
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q12: One way parties can indicate their desire
Q13: Primary obligations to pay a debt must
Q14: Which of the following is true regarding
Q15: How do courts generally rule in cases
Q16: A third party who is not part
Q18: The Uniform Commercial Code requires that contracts
Q19: Third-Party Woes.Trudy owed Sam $40 for a
Q20: Which of the following statements is false
Q21: _ are debts incurred in an initial
Q22: Maurice is excited because a developer plans