In Most States Contracts of Guaranty Do Not Have to Be

question 38

True/False

In most states contracts of guaranty do not have to be in writing to be enforceable.

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Definitions:

Erikson

Refer to Erik H. Erikson, a German-American developmental psychologist known for his theory on the psychosocial development of humans.

Trust or Mistrust

A fundamental psychological choice or belief, especially in childhood, that shapes an individual's ability to engage and believe in the reliability of others.

Coping

The process of managing external and internal demands that are perceived as taxing or exceeding the resources of the person.

Normal Development

The typical progression through various cognitive, emotional, and social stages as an individual grows.