56-1-8. Undertaking by factor to sell merchandise and guarantee sale--Writing unnecessary.
37 words·~1 min read·
/sd/title-56/chapter-56-1/56-1-8A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
A promise to answer for the obligation of another is deemed an original obligation of the promiser and need not be in writing where a factor undertakes, for a commission, to sell merchandise and guarantee the sale.