Multiple Choice
When a person undertakes an obligation that is not conditioned on the default of another person,and the debt is his own rather than that of another person,his obligation is said to be ________,not collateral.
A) secondary
B) original
C) implied
D) express
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q56: Sean made an oral promise to sell
Q57: Bruce told Adam that he was selling
Q58: In entering into contracts for services,customers might
Q59: Which of the following is admissible with
Q60: Subsequent agreements are treated in what way
Q62: If the parties make an agreement that
Q63: In Green Garden Packaging Co.v.Schoenmann Produce Co.
Q64: In the case in the text,Browning v.Poirier,the
Q65: To satisfy the writing requirement of the
Q66: A merger clause is also known as