The statute of frauds applies to promises to answer for another party's debt, but does not apply to a promise to answer for another party's default.

Name: The statute of frauds applies to promises to answer for another party's debt, but does not apply to a promise to answer for another party's default.
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Question

Quizplus · Accepted Answer

This statement is inaccurate. The statute of frauds applies to both promises to answer for another party's debt and promises to answer for another party's default.

The Statute of Frauds Applies to Promises to Answer for Another