collateral promise

glossary / collateral promise
A promise to guarantee the debt of another, made primarily without benefit to the party making the promise.

• Unlike an original promise, a collateral promise must be in writing to be enforceable. See MAIN-PURPOSE RULEE. [Cases: Guaranty 1.]

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相关词汇

collateral promise

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collateral promise 附加允诺 附于他人主允诺〔primary promise〕的允诺。附加允诺人不因其允诺获益，他仅仅作为主允诺人的保证人〔surety〕，原债务人〔original debtor〕仍对其债务承担责任。附加允诺适用欺诈法〔statute of frauds〕的规定，并且必须采书面形式。

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