Hrushka is the executor of her father's will. She does not want to liquidate any part of his stock portfolio at this time to pay off a large debt he owed Tom, because the market is very low right now and she would get a better price later in the year. Her verbal promise to Tom that she will repay him herself is unenforceable.

Question

Quizplus · Accepted Answer

As an executor, Hrushka's personal promise to pay off her father's debt from her own funds, without a written agreement, is generally considered unenforceable due to the Statute of Frauds, which requires certain agreements to be in writing to be legally enforceable.

Hrushka Is the Executor of Her Father's Will