Cengage Advantage Books: Business Law 9th Edition by Arnold Goldman ,William Sigismond

Exercise 4

Margaret had a large debt that became outlawed under the statute of limitations. Margaret, after inheriting several thousand dollars, e-mailed the creditor and promised to repay the debt. Two months later, the creditor, who had not yet received any payment, sued Margaret for collection. Is the creditor entitled to payment because of Margaret's promise?