Readymade Credit Company loans Start-Up Enterprise,Inc.,$150,000 to invest in new equipment.If Start-Up fails to pay the loan within a specified period,Readymade's recovery of the debt will be barred by
A) the preexisting duty rule.
B) the doctrine of promissory estoppel.
C) a statute of limitations.
D) none of the choices.
Correct Answer:
Verified
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