If the Main Purpose of a Promise Is to Pay

question 16

True/False

If the main purpose of a promise is to pay the debt of another and benefit the promisor, the statute of frauds is not applicable, and the oral promise to pay the debt is binding.

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Definitions:

Latent Learning

Learning that is hidden or concealed.

Observational Learning

The process of learning behaviors by watching and imitating others, also known as modeling or social learning.

Positive Reinforcement

A behavioral strategy that involves adding a stimulus after a behavior to increase the likelihood of that behavior being repeated.

Negative Reinforcement

A process in operant conditioning where a response or behavior is strengthened by stopping, removing, or avoiding a negative outcome or aversive stimulus.