The Statute of Frauds Requires That a Promise to Pay

question 19

True/False

The Statute of Frauds requires that a promise to pay debts of another person must be in writing to be a valid contract.

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Definitions:

Time-Consuming

Describes tasks or processes that require a significant amount of time to complete, often more than is desirable.

Probability Sampling

A sampling method in which every member of a population has a known and typically equal chance of being selected for research or survey.

Target Population

The specific group of individuals that a research study or marketing campaign is designed to analyze or reach.

Simple Random Sampling

A statistical sampling technique in which each member of a population has an equal chance of being included in the sample.