85. A promise to pay a debt must be in writing if:

a. the debt is for more than $500.

b. the debt is now due and payable.

c. the promise is to pay the debt of another.

d. the debt owed is the promisor's.

86. A young stockbroker was rather overwhelmed by a flood of new clients. Assunta, one of his clients, had purchased XYZ Corp. stock through the broker at a price of $35 per share. The stock price began to decline, and Assunta decided to sell, and she called the broker and told her that she wanted to sell the stock if it went below $30 and inquired as to the price. The price had gone down to $29 by the time Assunta telephoned the broker. The broker did not check the price, but thinking it could not have fallen below the $30 threshold, simply reassured Assunta that it was still "in the low 30s." Marta, Assunta's cousin, also had purchased XYZ stock at $35 per share and made a similar call to the broker and received the same response. Marta, however, coincidentally saw the price on a stock ticker tape when she hung up and realized the broker had made an error. Both Assunta and Marta decided to hold the stock and did not sell. Later that same day, the stock price fell an additional $7 per share. Facing sizable losses, both Assunta and Martha decided to sue for fraud when Marta told Assunta of the broker's misstatement. Discuss the probable outcome of the lawsuits.