D wants to borrow $1000 from C. C, suspects that D may have trouble repaying the loan, requests additional security. D gets S to promise C that she will pay D's debt in the event that D first defaults. This agreement: Is covered by the Statute of Frauds because it is for an amount exceeding $500. Is covered by the Statute of Frauds because it is a collateral contract. Is not covered by the Statute of Frauds because S is not the executor or administrator of an estate. Is not covered by the Statute of Frauds because it is an original contract rather than a collateral contract. None of the above