Business, 26.03.2021 21:50 ciarra31

Louise Student has bad credit, but she still needs a new motorcycle to get to her college classes. So Louise's grandmother agrees to guarantee Louise's new motorcycle purchase contract with the Dealer. Grandmother orally assures the Dealer that her promise to honor the sales contract is good and so is her granddaughter's promise too, but that if Louise fails to pay, grandmother promises to pay for her instead. Grandmother signs nothing in writing because her credit and work history is perfect and she is very rich. Dealer accepts this. Louise finally stops making payments, so Dealer demands that Grandmother now pay to honor her clear promise to pay to Dealer. The Statement: Grandmother will not have to pay the Dealer despite clearly promising to pay when the granddaughter stopped paying. Grandmother's unconditional promise is not effective to obligate Grandmother. A. TrueB. False

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Louise Student has bad credit, but she still needs a new motorcycle to get to her college classes. S...

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