What is another name for the main purpose doctrine?
A) The collateral promise rule
B) The possibility test
C) The leading object rule
D) The suretyship provision

Question

Quizplus · Accepted Answer

The main purpose doctrine is also known as the leading object rule, which states that if the main object or purpose of a contract is to benefit the guarantor, then the contract will be considered a primary obligation that the guarantor is responsible for fulfilling.

What Is Another Name for the Main Purpose Doctrine