Multiple Choice
Under the ________,no writing is required where the guarantor makes a collateral promise for the main purpose of obtaining some personal economic advantage.
A) parol evidence rule
B) leading object rule
C) collateral contract rule
D) part performance rule
Correct Answer:

Verified
Correct Answer:
Verified
Related Questions
Q35: If it is not indicated in the
Q36: Abel enters into an oral contract to
Q37: Rick tells Dan that Sue will inherit
Q38: Mr.Yellow agreed to pay the debt created
Q39: The parol evidence rule blocks evidence of
Q41: A bilateral contract is "taken out of
Q42: Smith and Benson make an oral contract
Q43: When the consideration given in exchange for
Q44: Guy and Boyd make an oral contract
Q45: The statute of frauds covers all contracts