Abigail Agrees to Clear Adam's Debt with the Bank If

question 20

Multiple Choice

Abigail agrees to clear Adam's debt with the bank if he is unable to pay it. Which of the following is true of this scenario?

• A) This agreement is not within the statute of frauds.
• B) Abigail has primary liability to the bank.
• C) Under the statute of frauds, this contract must be in writing.
• D) Adam is not liable to the bank in any way.

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