Question

Mr. Grove is a business man. He has lots of contracts that he deals with in his life. Read each of the following scenarios. Decide which ones must be in writing because of the statute of frauds. Explain why each contract is covered by the statute of frauds or why it is not. These should be short answers, two or three sentences.

The Clementines were really sweet though, and they owed some money to a couple of people in the area, Mr. Grove promises to pay their debts if they can't.

Answer 1

Yes this should be in writing because this contract will generate financial obligations. So Mr Grove would have to pay some one else debt hence it should be in contract. All gurantee contracts must be in writing.