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1 ) Digital Systems Corporation files a suit against Ethan, its former accountant, alleging constructive fraud. Digital Systems need not prove a . an injury.
Digital Systems Corporation files a suit against Ethan, its former accountant, alleging constructive fraud. Digital Systems need not prove
aan injury.
bintent to deceive.
cjustifiable reliance.
dmisstatement of a material fact. Fact Pattern
Nelson, an accountant, enters into a contract to provide services to Operational Processes, Inc. OPI Nelson does not finish the work within the contracts deadline. This causes OPI to fail to meet certain other deadlines owed to Prime Bank, which results in the firms payment of penalties to the bank.
Refer to Fact Pattern OPI may be entitled to
apayment from Nelson of the amount of the penalties in damages.
bspecific performance of any future contract with Nelson.
cno damages or other relief because Nelson is not liable.
dan injunction against future breaches of contract by Nelson. Fact Pattern
To borrow the funds to pay tuition at Alpha College, Bea signs an instrument unconditionally promising to pay to Country Loan Corporation $ with interest in installments with the final payment due June
Refer to Fact Pattern The instrument that Bea signed is most likely
aa certificate of deposit.
ban order to pay.
ca promissory note.
da draft.
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