True/False
A guarantor's promise must be made in writing to be enforceable under the statute of frauds.
Correct Answer:
Verified
Related Questions
Q1: The common law lien and most of
Q3: Zahra agreed to act as surety for
Q4: The purpose of the deed of trust
Q5: If you buy a pair of jackets
Q6: A surety's right to contribution means that
Q8: A surety could avoid liability for a
Q9: Rita cosigned a promissory note for $500
Q10: The rights and liabilities of both sureties
Q11: The foreclosure of a mechanic's or materialman's
Q14: Which of the following statements is true
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents