§ 3448 Undertaking Amount Limits

• •If you owe someone money or something, you might have to promise to pay double what it's worth.
• •The promise can't be more than double the thing's value or double what you owe.
• •This is about making sure the person you owe gets paid back.

You borrow your friend's bike worth $100 and break it. They sue you for $100.

You might have to promise to pay up to $200 (double the bike's value) to make sure your friend gets their money.