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Ali is a recent university business graduate. Although Ali was born and raised in Australia, his parents were not. Ali's parents are from a non-English

Ali is a recent university business graduate. Although Ali was born and raised in

Australia, his parents were not. Ali's parents are from a non-English speaking

background, had minimal education in their country of origin, and speak very little

English. Ali has recently developed a new business app, which he wants to

develop and sell across Australia and overseas. In order to be able to Ali

requires funds. He has been approved for a business loan with the Acme Bank

Ltd (the bank). However, Acme have provided Ali with a personal guarantee

document, which they require Ali to arrange for his parents' signature and return

to the bank. The bank requires this, as Ali does not have sufficient assets of value

for his loan.

Required: Discuss any relevant genuine consent factor/s under contract law that

may be applicable to the above scenario. (Note: you are not required to refer to

any consumer protection law issues; you are to refer only to case law principles

under contract law).

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