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Lou agrees to assume Mira's debt to New Sales Corporation. Lou does not get ny personal benefit for this agreement. To be enforceable the contract must be in writing if the debt is for? $500 $5,000 $50,
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Lou agrees to assume Mira's debt to New Sales Corporation. Lou does not get ny personal benefit for this agreement. To be enforceable the contract must be in writing if the debt is for? $500

$5,000
$50,000
$500, $5000, or $50,000

User Sviklim
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1 Answer

4 votes
Yes, the contract must be in writing if the debt is for $500, $5000, or $50,000.
User Habib Mhamadi
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6.9k points
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