As Demonstrated in Dynegy,Inc

question 34

Multiple Choice

As demonstrated in Dynegy,Inc.v.Yates,the case in the text,when a contract is determined to be collateral:

• A)the principal debtor must pay the guarantor directly.
• B)the guarantor must pay,even if the principal debtor is able to do so.
• C)it will be unenforceable unless it is evidenced by a writing.
• D)proof of an oral agreement is sufficient to prove a contract existed.

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Definitions:

Working Women

Refers to women who engage in employment outside their homes, contributing to the workforce and economy.

Widowhood

The state or condition of having lost one's spouse through death, often associated with significant emotional and social adjustments.

Elderly

Pertaining to individuals, typically aged 65 years and over, often marked by increased vulnerability to physical and cognitive declines.

Coping

The process of managing stressful or difficult conditions through various strategies and adjustments.