homework help 1543

#Ethel’s Exercise World plans to order three weight machines from Pete’s Push, Pedal and Pull, Inc. for a total of $15,000. Pete’s demands that Ethel’s friend, Moneybags, a wealthy independent businesswoman (not connected with Ethel’s business in any way) promise to pay Pete’s for the three machines if Ethel’s Exercise World does not. Which of the promises in this problem must be in writing to be enforceable?AnswerThe promise made by Ethel’s Exercise World to buy the weight machines.Moneybag’s promise to pay if Ethel’s Exercise World doesn’t.Both Moneybag’s promise and Ethel’s Exercise World’s promise.Neither of the promises in this problem needs to be in writing.