Question
Arjun has lived on a small farm all his life. He is an elderly, illiterate farmer, who is inexperienced in business. Jian is an experienced
Arjun has lived on a small farm all his life. He is an elderly, illiterate farmer, who is inexperienced in business. Jian is an experienced speculator in real estate who knows that a developer wants to purchase Arjun's land at a price considerably above market price. Arjun signs a contract to sell his land to Jian at the previous market price and Jian persuades Arjun not to seek outside advice.
If Arjun refuses to perform on the contract, will Jian prevail?
Group of answer choices
No, because Arjun was illiterate and he was required to sign the contract.
No, because this agreement is so one-sided that it is shockingly unfair.
Yes, because Jian found an opportunity and took advantage of it.
Yes, because Jian got a great deal.
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