Which of the Following Is an Exception to the Suretyship

question 47

Multiple Choice

Which of the following is an exception to the suretyship provision requirement under the statute of frauds?

• A) A collateral promise made to the creditor
• B) A promise,the leading object of which is to obtain an economic benefit for oneself
• C) A collateral promise where there are three parties and two contracts involved
• D) A promise by an executor to pay the debts of the decedent from the executor's own funds

---

Definitions:

Common Resources

Resources that are available to all members of a society but have limited availability, leading to potential overuse and depletion.

Cultural Differences

The variation in the norms, values, beliefs, and practices that exist among groups of people from different backgrounds.

Causes Of Conflict

Factors or situations that lead to disagreements, disputes, or clashes between individuals or groups.

Group Cohesiveness

the extent to which members of a group are attracted to each other and motivated to stay in the group, affecting the group's overall performance.