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John wished to purchase a motor vehicle from Lila on credit, but John was unemployed and Lila was hesitant to sell to him for
John wished to purchase a motor vehicle from Lila on credit, but John was unemployed and Lila was hesitant to sell to him for that reason. Roy. who was quite wealthy, said to Lila: "Sell Ray the automobile on credit, and if John does not pay you. I will." The contract of guarantee is subject to the Statute of Frands. O True O False
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Introduction to Accounting An Integrated Approach
Authors: Penne Ainsworth, Dan Deines
6th edition
78136601, 978-0078136603
