In order to induce a car dealer to sell her son a car on credit, Mary promises that she will pay for the son's car if the son defaults on his monthly payments to the dealership. Mary's promise must be in writing or have a sufficient electronic record.

Question

Quizplus · Accepted Answer

Mary's promise is a suretyship agreement, which falls under the Statute of Frauds, requiring it to be in writing or have a sufficient electronic record to be enforceable.

In Order to Induce a Car Dealer to Sell Her