Author Question: For a promise to constitute consideration, the promise must prevent imposing an obligation on the ... (Read 478 times)

sc00by25 · **on:** Jun 24, 2018

For a promise to constitute consideration, the promise must prevent imposing an obligation on the person making it.
Indicate whether the statement is true or false

Question 2

The statute of frauds applies to promises to answer for another party's debt, but does not apply to a promise to answer for another party's default.
Indicate whether the statement is true or false