Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Andy persuaded his grandmother Mabel to sell him her car for $1,000. Both parties knew that the car was worth a lot more than that.

Andy persuaded his grandmother Mabel to sell him her car for $1,000. Both parties knew that the car was worth a lot more than that. Mabel didnt need the car and wanted to help her only grandson so she agreed to sell. A week later she discovered that Andy was planning to sell the car to a friend for $7,000.

What are her potential claims against Andy?

  • Fraud.

  • Misleading and deceptive conduct in terms of s9 of the Fair Trading Act 1986.

  • Undue influence.

  • Misrepresentation under the Contract and Commercial Law Act 2017.

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

Entrepreneurial Finance

Authors: M. J. Alhabeeb

1st Edition

1118691512, 978-1118691519

More Books

Students also viewed these Finance questions