Rick and Sue agree that Rick will assume Tina\'s debt if Tina does not pay. Rick

Question

Rick and Sue agree that Rick will assume Tina's debt if Tina does not pay. Rick gets no personal/financial benefit out of the deal. Under the Statute of Frauds this contract is Select one: a. enforceable only if there is sufficient evidence of the agreement in writing that is signed by the party to be charged O b. enforceable by Tina only under the main purpose exception. That is, because Tina received a personal/financial benefit from the promise c. enforceable by any of the parties under the main purpose exception. That is, because both parties received a personal/financial benefit from the promise. d. enforceable by Rick only under the main purpose exception. That is, because Rick received a personal/financial benefit from making the promise. e. none of the above

Explanation / Answer

The correct answer is option A. The above contract will be enforceable only if there was an evidence in writing with the signature of the party to be charged that there was ever a deal between Rick and Sue. Oral agreements are not enforceable under the Statute of Frauds.

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