Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Which of the following is an exception to the statute of frauds such that no writing is required where a guarantor makes a collateral promise

Which of the following is an exception to the statute of frauds such that no writing is required where a guarantor makes a collateral promise for the main purpose of obtaining some personal economic advantage?

Multiple Choice

The main purpose or leading object rule

The confirmatory memorandum

The full performance rule

Admissions in pleadings or court

Specific performance

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Law for business and personal use

Authors: John E. Adamson

18th edition

538445887, 538445882, 9781111803131 , 978-0538445887

More Books

Students also viewed these Law questions