Multiple Choice
Reel Graphics,Inc.,agrees to assume a debt of Suave Marketing Company to Town Credit Union.This promise is for Reel's benefit.To be enforceable,the promise
A) must be in writ?ing.
B) must be in writ?ing only if the debt is valued at $500 or more.
C) must be in writing only if the debt will not be repaid within one year.
D) need not be in writing.
Correct Answer:
Verified
Correct Answer:
Verified
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