The difference between a guarantee and an indemnity is that

Select one:

A$.$ a guarantee is a conditional promise and an indemnity is not.

B$.$ indemnities need to be in writing to be enforceable.

C a guarantee is given to a bank and an indemnity is given to a party that is not a bank.

D$.$ a guarantee is a promise to assume another's debt.

E$.$ the Statute of Frauds applies to indemnities but not to guarantees.