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:

Industrialism

An economic and social system characterized by large-scale industry, mechanized manufacturing, and a focus on technological innovation.

Eskimo Terminology

A linguistic term that refers to the language and lexicon used by the Inuit and Yupik peoples of the Arctic.

Bilateral Descent

A system of kinship where individuals trace their ancestry through both parents, incorporating both paternal and maternal lines.

Double Descent

A form of kinship and social organization where individuals trace their ancestry through both their maternal and paternal lines.