Ray wished to purchase a motor vehicle from Rita on credit,but Ray was unemployed,and Rita was hesitant to sell to him for that reason.Ziggy,who was quite wealthy,said to Rita: "Sell Ray the automobile on credit,and if Ray does not pay you,I will."
-Ziggy's promise would be unenforceable,unless it was made in writing and signed by Ziggy.

Question

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Ziggy's promise is a collateral promise to pay the debt of another, which falls under the Statute of Frauds. Such promises must be in writing and signed to be enforceable.

Ray Wished to Purchase a Motor Vehicle from Rita on Credit,but