Know the document she signed transferred

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Reference no: EM133615438

Maria, a 78-year old widow, is the sole heir and owner of Maria's Meals Express, a successful food delivery company in Southern California. As an independent person, she continues to live alone at home, however her mobility and eyesight in recent months has been limited. A neighbor named Friendly Franklin noticed her condition deteriorating and started to assist Maria with chores around the house. While Maria initially offered to pay Friendly Franklin for his services, he declined, and instead asked for a fifty-one (51%) percent interest in her business. The next week, Friendly Franklin then brings a contract transferring a majority interest in the business to himself for the bargain price of $1,000,000. An appraisal of the company reveals that it is currently worth $10,000,000. While Maria is initially hesitant to enter into the deal, Friendly Franklin then says "if you don't sign it, I may not be able to help you around the house anymore." Maria signs the deal. If Maria later wanted to try to unenforce the contract, what would be her best argument for doing so?

That her eyesight was poor because of her age and since she did not know the document she signed transferred.

Reference no: EM133615438

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