Determining the really a contract of loan

Assignment Help Business Law and Ethics
Reference no: EM132532792

A agreed with B that A would be loaned P10million by B. in the contract signed by A and B, it was stated that A was selling his house to B for said amount. A signed the contract in the belief that it was really a contract of loan. Who, if any, may ask for the reformation of the instrument if B had acted fraudulently?

Reference no: EM132532792

Questions Cloud

Computer network security : Some organizations prohibit workers from bringing certain kinds of devices into the workplace, such as cameras, cell phones, and USB drives.
How much should deposit every month : Find the present value of $10,000 received at the start of every year for 20 years if the interest rate is J1 = 12% p.a. and if the first payment
Create national security culture : Create national "security culture," in which everyone is more knowledgeable and proactive about threats to information security?
Show how much is depreciation : A new truck is purchased on January 1 20X6. The truck cost $10,000 has a 5 year life, and a $2,000 residual value. How much is 20X7 depreciation?
Determining the really a contract of loan : Who, if any, may ask for the reformation of the instrument if B had acted fraudulently?
What is the maximum amount would pay : What would you pay if the first cash flow from this investment comes immediately, and the following cash payments of $500 after 1 year thereafter.
Leaflet urging employees to sign authorization card : Suppose a coworker just brought you a union leaflet urging employees to sign an authorization card. What questions would you ask of the union supporter?
Should the instrument be reformed : But B was not able to satisfactorily prove that there was such a mistake. Should the instrument be reformed?
Identify and describe the scale of the enterprise : Identify and describe the scale of the enterprise that is being researched and Critical evaluation of pest management practices in the chosen case study

Reviews

Write a Review

Business Law and Ethics Questions & Answers

  What are the rights of doug against roy lumber company

The firm and the three partners are completely solvent. What are the rights of Doug against Roy Lumber Company, Albert, Betty, and Carol?

  Why would an organization create such a policy or practice

Describe the ethical dilemma from both perspectives for each policy or practice - Why would an organization create such a policy or practice?

  Describe the importance of the 4th amendment against

please answer each question in an essay format of 150-300 words. . please cite your answers with at least one

  Provide a brief overview of isaf mission

How can media coverage of terrorist attacks influence public opinion of governmental affairs? Explain. How does a nation's efficient response to attacks psychologically influence its citizens? Explain.

  Describe the early and modern adult perceptions of children

According to the text, delinquency is an inherently difficult concept to measure. Discuss the main challenges with measuring self-reports from delinquents. Include one (1) example of such susceptibility of self-reports from delinquents to support ..

  While on routine patrol you notice a car with two people

while on routine patrol you notice a car with two people inside parked behind a business that has closed for the

  Legal problems managing a small business

Legal Problems Managing a Small Business

  Types of organised crime in italy

Types of organised crime in Italy. The multifaceted spectrum of Italian criminal associations and their different attitudes in the financial crisis and in the use of Internet technologies

  Key facts of a legal problem

how do you identify the key facts of a legal problem?

  What is unethical behavior

What is unethical behavior as it relates to the criminal justice field and should all criminal justice professionals have ethical training as a requirement for their job position

  Explain the terms associated with the study of crime

After reflecting on the article, discuss the findings of the study and why you think the research reached the results. In addition, explain the terms associated with the study of crime and criminology that are used in the article

  What challenges exist when collecting quantitative data

Explain the various means available to you for gathering data on the topic you have chosen. Explain at least 3 different means of collecting appropriate data and how you would analyze it. What challenges exist when collecting quantitative data?

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