Tom's bank is threatening to repossess his car. Tom's mother notifies the bank that she promises to pay the bank if Tom defaults on the loan. This promise must be in writing or have a sufficient electronic record to be enforceable.

Question

Quizplus · Accepted Answer

Under the Statute of Frauds, a promise to pay the debt of another must be in writing or have a sufficient electronic record to be enforceable.

Tom's Bank Is Threatening to Repossess His Car