LAW 506-002 – Contracts II

Restatement Second of Contracts § 112


Requirement of Suretyship

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A contract is not within the Statute of Frauds as a contract to answer for the duty of another unless the promisee is an obligee of the other's duty, the promisor is a surety for the other, and the promisee knows or has reason to know of the suretyship relation.