Mosidi takes her friends Maria and Irene to a restaurant. When Mosidi wants to pay, she discovers that she does not have her purse with her. Maria agrees to pay the bill, but she suspects that Mosidi will not repay her. Maria, therefore, asks Irene if she will bind herself as surety for Mosidi’s debt. Irene agrees by nodding her head.
Which ONE of the following statements regarding the validity of the agreement between Irene and Maria is CORRECT?

Question

Mosidi takes her friends Maria and Irene to a restaurant. When Mosidi wants to pay, she discovers that she does not have her purse with her. Maria agrees to pay the bill, but she suspects that Mosidi will not repay her. Maria, therefore, asks Irene if she will bind herself as surety for Mosidi’s debt. Irene agrees by nodding her head.

Which ONE of the following statements regarding the validity of the agreement between Irene and Maria is CORRECT?

Answer

A valid contract of surety has been concluded.

Answer

The agreement is void because formalities have not been complied with.

Answer

The agreement is valid because there was consensus.

Answer

The agreement is void because it is contrary to good morals.

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Mosidi takes her friends Maria and Irene to a restaurant. When Mosidi wants to ...

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