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:

Frankl

Viktor Frankl, an Austrian neurologist and psychiatrist as well as a Holocaust survivor, who founded logotherapy, a form of existential analysis.

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