QUESTION 19 The Palace Theater was once a grand musical venue but had fallen into disrepair. The Community Arts Corp. (CAC) purchased the theater intending to renovate and re-open it. However, CAC was short on cash and could not convince contractors and suppliers to begin work on credit. CAC sought help from classical guitarist Marco Garibaldi, a known patron of the performing arts. In order to convince the building contractor, Zane Construction, to begin work on the renovations, Garibaldi orally stated to Zane, "If CAC does not pay your first invoice within 30 days after submission, I will." Subsequently, Garibaldi became further interested in the renovation project and loaned CAC $100,000 to be used toward the renovation project. Garibaldi also later invested $250,000 in stock in CAC becoming the corporation's principal shareholder. Subsequently, when Super Sonics, Inc. would not supply CAC the component parts for the sound system on credit, Garibaldi contacted Super Sonics stating orally, "Please supply the requested parts. If CAC doesn't pay, I will." Subsequently, CAC suffered severe financial distress and the partially completed renovation project was abandoned. If Super Sonics sues Garibaldi on the oral promise to them to pay CAC's debt, Super Sonics should: a. Lose, because Garibaldi's promise was not in writing. O b. Win, because Garibaldi's oral promise is an example of the legal principle of oralis guaranteeis. O c. Lose, because Garibaldi was a musician and not a theater renovator. O d. Win, because the leading object of Garibaldi's oral promise was to benefit Garibaldi's own interest by protecting Garibaldi's financial investment in CAC. O e. Lose, because Garibaldi gave no consideration