Can the conservators cancel the deed

Assignment Help Business Management
Reference no: EM131454059

David Heyward had seven (7) sons and four (4) daughters. He owned a 100-acre ranch in Arizona. He was born in what is now Slovakia, and cannot read or write English. All of his children had frequent contract with David and helped with his needs, especially after the death of his wife Amanda. However, his eldest son, George, advised his siblings that he would henceforth manage his father's business affairs. After much urging by George, David deeded the ranch to George for $12,750. Evidence showed that at the time of the sale, the reasonable fair market value of the ranch was between $420,000 and $509,000.

At the time of the conveyance, David was 93 years old, had deteriorated in health, suffered from heart problems and diabetes, had high and uncontrollable blood sugar levels, weighed approximately 329 pounds, had difficulty breathing, could not walk more than 12 feet, and had to have a special apparatus lift him out of the bathtub. He was for all purposes an invalid, relying on George for most of his personal needs, transportation, banking, and other business matters. After David died, the conservators of the estate brought an action to cancel the deed transferring the farm to George.

Can the conservators cancel the deed? What cause of action do you recommend in this case?

Reference no: EM131454059

Questions Cloud

How many minutes must the changeover between batches : A certain machine tool is used to produce several components for one assembled product. To keep in-process inventories low, a batch size of 100 units.
Determining the intercultural management : Compare and contrast the four IHRM orientations. How can each support a multinational strategy?
What is procedural due process and why does it exist : What due process rights are contained in the US Constitution? Give examples. What is procedural due process and why does it exist
How much would setup time have to be reduced : How much would setup time have to be reduced to make the batch size of 3000 pieces equal to the economic order quantity.
Can the conservators cancel the deed : Can the conservators cancel the deed? What cause of action do you recommend in this case?
Explain why juveniles become delinquent : There are several theories that explain why juveniles become delinquent. Some of the sociological theories include anomie, social disorganization, drift theory
Define the annual savings in the economic order quantity : A part is produced in batches of size = 3000 pieces. Annual demand = 60,000 pieces, and piece cost = $5.00. Setup time to run a batch = 3.0 hr.
Did montgomery and manning form a valid contract : Did Montgomery and Manning form a valid contract? Would your answer be different if the cancellation clause had been in every policy between Montgomery.
Value of the pay-out annuity at retirement : Calculate the value of the pay-out annuity at retirement. Do this twice: once for 6.3% and once for 8.9%.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd