Under the ________,no writing is required where the guarantor makes a collateral promise for the main purpose of obtaining some personal economic advantage.
A) parol evidence rule
B) leading object rule
C) collateral contract rule
D) part performance rule
Correct Answer:
Verified
Q35: When the consideration given in exchange for
Q36: The statute of frauds requires that:
A)some contracts
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Q38: Rick tells Dan that Sue will inherit
Q39: Big Bank is a major creditor of
Q41: The underlying purpose of the statute of
Q42: Mr.Green and Mr.Blue contract orally to transfer
Q43: Which of the following is true regarding
Q44: Which of the following is admissible with
Q45: Sammy entered into an oral contract with
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