Question
When Steven and Laura divorced, they agreed to split their assets equally.They owned an account with Bernard L. Madoff Investment Securities worth $5.4 millionSteven kept
When Steven and Laura divorced, they agreed to split their assets equally.They owned an account with Bernard L. Madoff Investment Securities worth $5.4 millionSteven kept the account and paid Laura more than $6.5 million to offset the amount of the money that they believed were in the Madoff account.Later, they learned that the Madoff account actually contained no money due to its manager's fraud.
Could Steven and Laura's agreement be rescinded on the basis of a mistake?Provide support for your position - this is a graded assignment and your score will be based on the quality of your posts.
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