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Sergie Orally Agrees to Pay Zenith Finance Co

Question 49

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Sergie orally agrees to pay Zenith Finance Co.a $300 loan debt that was discharged in bankruptcy after Zenith told Sergie that repaying the debt would help him "rebuild his credit",since Zenith would report his payments to credit reporting agencies.Discuss the case.

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Sergie is not legally bound to repay the...

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