Question
Stipulate whether the following contract is valid, void, or voidable. Motivate your answer by naming and defining relevant factor affecting consensus. Mike who is 53-years
Stipulate whether the following contract is valid, void, or voidable. Motivate your answer by naming and defining relevant factor affecting consensus.
Mike who is 53-years old is dating Karen who is 21-years old. Karen invited Mike out on a night to Town and convinced to him transfer R 10 million into her bank account because she loves him. Mike believed her and did an immediate electronic funds transfer of R 10 Million into her account.
Step by Step Solution
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Step: 1
The contract is voidable because One party is in a position to dominate ...
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Business Law Principles and Practices
Authors: Arnold J. Goldman, William D. Sigismond
9th edition
1133586562, 978-1285632995, 1285632990, 978-1285675367, 978-1133586562
