A guarantee to be enforceable must be in writing; however,a promise of indemnity does not have to be in writing to be enforceable.

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A guarantee, which is a promise to answer for the debt or default of another, often requires a written agreement to be enforceable due to the Statute of Frauds. In contrast, a promise of indemnity, which is a promise to compensate for loss or damage, does not necessarily require a written agreement to be enforceable, as it is not typically covered by the Statute of Frauds.

A Guarantee to Be Enforceable Must Be in Writing; However,a