Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

38, Bundy was an elderly farmer who was inexperienced in business and had relied on his bank manager for financial advice over many years. Bundy

38, Bundy was an elderly farmer who was inexperienced in business and had relied on his bank manager for financial advice over many years. Bundy entered a guarantee to the bank for his sons debts. The bank manager did not advise Bundy to get independent advice. Subsequently, the bank sought to enforce the guarantee.

In these circumstances on which of the following ground/s could Bundy rely to argue the contract can be rescinded:

A.Mistake

B.Misrepresentation

C.Undue influence

D.Duress

E.Unconscionable conduct.

Group of answer choices

Only A.

Only C.

Only E.

A and C.

C and D.

C and E.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Contract Law

Authors: Ewan McKendrick

13th Edition

1352005255, 978-1352005257

More Books

Students also viewed these Law questions

Question

Food supply

Answered: 1 week ago

Question

Mortality rate

Answered: 1 week ago