What is another name for the main purpose doctrine?

A) The collateral promise rule.
B) The possibility test.
C) The leading object rule.
D) The suretyship provision.

Main Purpose Doctrine

A legal principle stating that if the main purpose of a guarantor to provide a guarantee is to serve their own interests, they may not require the benefit of the creditor first exhausting remedies against the principal debtor.

Leading Object Rule

A legal principle that allows for the enforcement of oral contracts that are unenforceable under the Statute of Frauds if they are admitted to in court by the party against whom the contract is sought to be enforced.