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Social Studies, 01.11.2019 04:31 alcott1110

Asecondary obligation, which falls within the scope of the statute of frauds writing requirement, occurs when a party outside a primary agreement promises to fulfill one of the original party’s (primary debtor’s) obligations if the original party fails to fulfill it. a secondary obligation is also called a promise. a. collateral b. suretyship c. collateral or suretyship d. bilateral

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