All promises and assumptions, whereby any person undertakes to answer, or pay, for the default, debt, or miscarriage, of another, any sum under $5.00, being proved by the oath or affirmation of the persons to whom such promise and assumption are made, are good and available in law to charge the party making such promise or assumption.
Code 1852, § 1165; Code 1915, § 2624; Code 1935, § 3104; 6 Del. C. 1953, § 2712.