A promise to pay the debt of another person is called a guaranty. 

Answer the following statement true (T) or false (F)


True

Legal Studies & Paralegal

You might also like to view...

A legal administrator

a. receives the compensation and status on par with an attorney b. handles all of the clerical work for a firm c. is responsible for the accounting functions in a firm d. never attends partner meetings e. none of the above

Legal Studies & Paralegal

Federal question cases go directly to the Supreme Court.?

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

A paragraph may consist of only one sentence.

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal

?Seller alleges Buyer breached by not paying for the goods in a timely manner. Buyer responds that an unexpected external event (e.g., acts of terrorism) closed all the banks and made the timely transfer of money to Seller commercially impracticable. Buyer's response was "no breach, excuse."

Answer the following statement true (T) or false (F)

Legal Studies & Paralegal