Author Question: Amanda, a recent university graduate, needed a car to get to her new job. To help Amanda secure a ... (Read 130 times)

ts19998

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Amanda, a recent university graduate, needed a car to get to her new job. To help Amanda secure a loan for the car, Ted, a friend, agreed to pay the loan should Amanda default. Ted's promise to pay the loan is a collateral promise. His promise must be in writing to be enforceable.
  Indicate whether the statement is true or false

Question 2

International business law draws from both public and private law as related to business transactions.
  Indicate whether the statement is true or false



patma1981

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Answer to Question 1

TRUE

Answer to Question 2

TRUE



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