Identify the True Statement Regarding Collateral Contracts

question 23

Multiple Choice

Identify the true statement regarding collateral contracts.

• A)They do not need to be evidenced by writing to be enforceable.
• B)They are covered by the statute of frauds.
• C)They are considered to be original contracts.
• D)The guarantor is primarily liable to perform his contractual duty.

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Definitions:

Discontinued Procedure

A medical or surgical process that is stopped before completion due to safety concerns or unforeseen complications.

Panic Attack

A sudden episode of intense fear or discomfort, accompanied by physical and psychological symptoms, that peaks within minutes.

Alphanumeric Codes

Codes consisting of a combination of letters and numbers, used for classification or identification.

CPT Code Format

Refers to the standardized system of coding used by healthcare providers to identify specific medical, surgical, and diagnostic services for billing purposes.