Consider the following hypothetical: Ed contracted with Becky to build a house. Becky was nervous,...
90.2K
Verified Solution
Link Copied!
Question
Finance
Consider the following hypothetical: Ed contracted with Becky to build a house. Becky was nervous, drank an entire bottle of champagne, does not remember the details of the meeting. Ed accused her of fraud and threatened to prevent closing. Ed's associate was outside the door preventing Becky from leaving. Ed gave her choice signing a new contract or going to court. Becky signed but now has sought legal advice. IMAGINE THAT YOU ARE Becky's ATTORNEY. WHAT WOULD YOU TELL HER ABOUT WHETHER SHE CAN RESCIND THE CONTRACT? (Big Hint: Capacity to Contract, Duress and Undue Influence)
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
