A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.

Name: A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.
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Question

A contract in which a party assumes a secondary obligation normally must be in writing to be enforceable.​

Quizplus · Accepted Answer

This statement refers to the principle found in the Statute of Frauds, which requires certain types of contracts, including those where one party guarantees the debt or obligation of another, to be in writing to be enforceable.

A Contract in Which a Party Assumes a Secondary Obligation