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Lola Agrees to Assume Mira's Debt to New Sales Corporation

Question 61

Multiple Choice

Lola agrees to assume Mira's debt to New Sales Corporation. Lola does not get any personal benefit for the agreement. To be enforceable, the prom?ise must be in writing if the debt is for


A) $50.
B) $500.
C) $5,000.
D) $50, $500, or $5,000.

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