Answered step by step
Verified Expert Solution
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
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started