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John Was Indebted to Stan on a Loan for $1,000

Question 100

True/False

John was indebted to Stan on a loan for $1,000.Stan assigned John's promise to pay to Bob.
-Josephine is the executor of her father's will.She does not want to liquidate any part of his stock portfolio at this time to pay off a large debt he owed Tom,because the market is very low right now and she would likely get a better price later in the year.Her verbal promise to Tom that she will repay him herself is unenforceable.

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