Q: I didn't owe that person money, but I wrote a contract that I would repay him. if I break the contract, will I be sued?
A friend asks me to use his account to invest in the stock market. as a result, there is some loss in the investment account. my friend asked me to write a contract to repay him. What if i break that contract, will I be sued?
A: This strange set of circumstances raises more questions, but putting those aside, if you made a contract with someone to pay them a sum of money, your breach of that contract could induce him to sue you. You may have a defense, again depending on the circumstance. But WILL he sue you? No telling---how good a friend is he? This is less of a legal question and more of a dilemma about personal relationships.
Lorna J. La Motte , Timothy Denison and Carl Cottone agree with this answer
A: Yes. If you breach the contract, it is possible you could be sued.
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