The ________ States That If the Main Purpose of a Transaction

question 43

Multiple Choice

The ________ states that if the main purpose of a transaction and an oral collateral contract is to provide pecuniary benefit to the guarantor, the collateral contract does not have to be in writing to be enforced.

• A) merger clause
• B) leading object exception
• C) collateral contract rule
• D) parol evidence rule

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Definitions:

Human Diversity

The range of differences among humans, including but not limited to race, ethnicity, gender, age, sexual orientation, and disability.

Genes

Units of heredity made up of DNA that act as instructions to make molecules called proteins, influencing individual traits.

Nativists

Scholars who argue that certain skills or abilities are innate and hard-wired into the brain at birth.

Nature

The phenomena of the physical world collectively, including plants, animals, the landscape, and other features and products of the earth, as opposed to humans or human creations.