Was hudgens correct, When Hudgens refused to pay on the

Was hudgens correct

Assignment Help Business Law and Ethics

Reference no: EM13788962

Mack, a dealer, sold Hudgens, a used car on credit. At the time of the sale, Mach fraudulently informed Hudgens that the car was in good condition: in fact, the car needed extensive repairs. When Hudgens attempted to return the car to Mack within the thirty-day guarantee period, Mach refused to take the car back. In the meantime, Mack had assigned Hudgen's contract to Universal CIT Credit Corp. When Hudgens refused to pay on the contract, Universal CIT sued him. Hudgens defense was that he had the right to set aside the contract based on fraud. Was Hudgens correct?

Reference no: EM13788962

Questions Cloud

Benefits and costs associated with a strategy : The Topic Paper will be on a current topic in international business. The paper should have at least four sources other than the textbook, be five pages in length (not including the bibliography), be double spaced with regular margins, and be in 1..

Prepare comparative analysis on income statement : Prepare vertical common-size financial statements, horizontal common-size financial statements, and various profitability and risk ratios.

Contrast the analysis of the standard issues : Compare and contrast the analysis of the standard used to a state using a different standard.

Present value-pv of multiple cash flows : Present value: Tommie Harris is considering an investment that pays 6.5 percent annually. How much must he invest today such that he will have $25,000 in seven years? (Round to the nearest dollar.)

Was hudgens correct : When Hudgens refused to pay on the contract, Universal CIT sued him. Hudgens defense was that he had the right to set aside the contract based on fraud. Was Hudgens correct

Transfusion transmitted diseases : Transfusion Transmitted Diseases

Difference between defined benefits and defined contribution : What is the difference between defined benefits and defined contributions? What are the four types of compensation along with a brief summary of each

What are the upper and lower bounds : What are the upper and lower bounds for these projections? What is the base case NPV?

Best capital budgeting method for ranking investment project : The best capital budgeting method for ranking investment projects of different dollar amounts is the:

User Account

All Pages