A guaranty, or promise, to pay the debts or settle the wrongdoings of another if he or she does not make settlement personally is not enforceable unless it is written.

Name: A guaranty, or promise, to pay the debts or settle the wrongdoings of another if he or she does not make settlement personally is not enforceable unless it is written.
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Question

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According to the statute of frauds, a guaranty must be in writing in order to be enforceable in court.

A Guaranty, or Promise, to Pay the Debts or Settle