Asked by
Jackisha Perez
on Dec 19, 2024
Verified
The assumption of direct financial responsibility for a debt does not need to be in writing to be enforceable.
Financial Responsibility
Obligation to manage financial resources wisely and fulfill monetary commitments.
- Discern between written contracts necessitated by the Statute of Frauds and those allowable to be made orally.
Verified Answer
GC
Learning Objectives
- Discern between written contracts necessitated by the Statute of Frauds and those allowable to be made orally.