Question: Under the _ _ _ _ _ _ _ _ _ _ , no writing is required where the guarantor makes a collateral promise for

Under the __________, no writing is required where the guarantor makes a collateral promise for the main purpose of obtaining some personal economic advantage.
collateral contract rule
leading object rule
parol evidence rule
part performance rule

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!