Q What are the arguments that Shaw is not liable on his promise?
What are the arguments that Shaw is liable on his promise?
Is Shaw obligated to pay the debt in question? Explain
A) Firstly, the arguments that shows that Shaw is actually not responsible for his promise is that, it is some form of unwritten promise which cannot be considered as an enforceable one. Although, just because of the promise made by Shaw was orally imposed, it would not be considered as an enforceable agreement while Shaw cannot be held responsible for the bankruptcy. Secondly, it is the sale of goods with a value of $500 alongside is unenforceable if it is not in writing (Mann & Roberts, n.d.).