Business, 26.03.2020 17:51 ibrahimrathwalp96hmj
Tuan is president and sole shareholder of Entertainment, Inc. Entertainment, Inc. wishes to borrow money, but to do so, the bank requires Tuan to orally agree to personally pay the debt of the corporation if Entertainment, Inc. cannot. Tuan's guarantee to repay is:a. enforceable under the parol evidence rule. b. unenforceable because there is no insurable interest. c. enforceable because of the leading object rule. d. unenforceable because it is a collateral promise.
Answers: 2
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Tuan is president and sole shareholder of Entertainment, Inc. Entertainment, Inc. wishes to borrow m...
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