Fitch agrees to assume Gandy's debt to Hybrid Seed Corporation.Fitch does not get any personal benefit for the agreement.To be enforceable,the promise

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The promise of Fitch to assume Gandy's debt to Hybrid Seed Corporation falls under the Statute of Frauds which requires written evidence for agreements that involve assuming the debt of another person, regardless of the value or duration of the debt. Therefore, the promise must be in writing to be enforceable.

Fitch Agrees to Assume Gandy's Debt to Hybrid Seed Corporation