According to the Leading Object Doctrine, Promises of Third Parties

question 11

Multiple Choice

According to the leading object doctrine, promises of third parties to a contract who are primarily motivated by a desire to secure some personal benefit:

• A) fall outside the scope of the guaranty contract within the statute of frauds.
• B) are covered by the statute of frauds.
• C) are estopped from recovery.
• D) have to be in writing to be enforceable within the guaranty contract.

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Definitions:

Levinson's Life Stages

A theory that proposes a series of developmental stages adults go through, focusing on the impact of social, biological, and psychological changes.

Career Stagnation

A situation where an individual experiences little to no career growth, development, or advancement opportunities over a period.

Stability and Transition

The phase in any entity's lifecycle where it undergoes changes from a stable state to a new form, maintaining equilibrium amidst change.

Career Stability

The consistency and security of an individual's work path over time, often reflecting long-term employment within a particular field or organization.