Bruce Told Ewen That He Would Be Willing to Pay

Multiple Choice

Bruce told Ewen that he would be willing to pay a high rate of interest for a two-month loan of $1 000. Ewen agreed to lend him this amount at an annual rate of 25%, repayable June 14. Bruce agreed to these terms. Meanwhile, Bruce had recently completed some plumbing work for Martinson for which he was owed $2 000. If Bruce failed to pay Ewen on June 14, which of the following is true?

A) Ewen does not have to wait to obtain a judgment before executing against Bruce's assets.
B) Ewen could execute against Bruce even if he had not obtained judgment against him.
C) Ewen could sue Martinson for violation (breach) of the contract.
D) Ewen could serve Martinson with a garnishing order after obtaining judgement commanding him to pay the money owed to Bruce into court if the money had not yet been paid to Bruce.
E) If Ewen obtained a judgment against Bruce, he could compel him to be examined about Martinson's income, property, and debts.