
Cengage Advantage Books: Law for Business 18th Edition by John Ashcroft ,Janet Ashcroft
Edition 18ISBN: 978-1133587613
Cengage Advantage Books: Law for Business 18th Edition by John Ashcroft ,Janet Ashcroft
Edition 18ISBN: 978-1133587613 Exercise 7
Glenn Page began borrowing money from Gulf Coast Motors. He had a gambling problem. One of the owners of Gulf Coast, Jerry Sellers, became concerned about Page's debt to Gulf Coast. He testified that he had phoned Page's wife, Mary, who orally promised to pay the debt. There was no evidence that Mary had received any benefit from the money Glenn borrowed. Gulf Coast sued both Glenn and Mary for the debt. Must Mary pay it?
Explanation
The Statute of Frauds listed certain cla...
Cengage Advantage Books: Law for Business 18th Edition by John Ashcroft ,Janet Ashcroft
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