The difference between a guarantee and an indemnity is that
A) the Statute of Frauds applied only to indemnities.
B) indemnities need to be in writing to be enforceable.
C) a guarantee is a promise to assume another's debt.
D) a guarantee is a conditional promise whereas an indemnity is not.
E) none of the above
Correct Answer:
Verified
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A) A
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