David agrees to assume the debt of eDotCom Company to Fidelity Bank.The agreement is not in writing. To be enforceable,the promise must be for the benefit of
A)any of the choices.
B)David.
C)eDotCom.
D)Fidelity.

Question

Quizplus · Accepted Answer

Under the Statute of Frauds, a promise to assume the debt of another must be in writing unless it is for the promisor's own benefit. If David's promise benefits him, it may be enforceable even if not in writing.

David Agrees to Assume the Debt of EDotCom Company to Fidelity