Dotty tells a representative of Education Loan Company over the phone that she will pay Felipe's student loan if he does not.Dotty does not get any per?sonal benefit for the promise.This promise is enforceable as a contract by

Question

Quizplus · Accepted Answer

This promise is not a valid contract as it lacks consideration. Dotty does not receive any personal benefit or consideration in exchange for the promise to pay Felipe's student loans. Without consideration, there can be no enforceable contract.

Dotty Tells a Representative of Education Loan Company Over the Phone