Question: What is a collateral agreement? How does the leading purpose/main object rule relate to collateral promises? Draw a diagram illustrating a collateral agreement. Give an

What is a collateral agreement? How does the leading purpose/main object rule relate to collateral promises? Draw a diagram illustrating a collateral agreement. Give an example of a collateral agreement. Explain your answer in your own words. In that explanation, explain the applicable law, how you applied it and your conclusion. Be sure to include the textbook page number in your answers. And if you used outside resources, please cite the title, author and URL of the source.

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