What is another name for the main purpose doctrine?
A) The possibility test.
B) The leading object rule.
C) The collateral promise rule.
D) The suretyship provision.

Question

Quizplus · Accepted Answer

The main purpose doctrine is also known as the leading object rule, which states that if the main purpose of a promisor is to obtain an economic benefit for themselves, then a collateral promise to pay another's debt does not need to be in writing to be enforceable.

What Is Another Name for the Main Purpose Doctrine