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Paul, a poor farmer, has just learned he has a serious medical problem. The medication needed is ...

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7 years ago

Paul, a poor farmer, has just learned he has a serious medical problem. The medication needed is ...

Paul, a poor farmer, has just learned he has a serious medical problem. The medication needed is extremely expensive and not covered by medical insurance. Hearing of his plight, the next-door neighbour offers to buy Paul’s prize steer, but at half its value. Paul feels he has no choice but to sell the steer, because he needs the money, so he agrees to sell it for half its value. Legally speaking, what has this neighbour done?
a. failed to act in the "utmost good faith"
b. committed a morally objectionable, yet perfectly legal, act
c. exerted undue influence over Paul
d. coerced Paul into selling under duress
e. exploited a "special relationship"

Textbook

The Law and Business Administration in Canada

Edition: 14^th

Authors: Smyth, Soberman, Easson, McGill

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ohiosr Author

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7 years ago

Thanks for your help!!

Holly72492

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Yesterday

Correct

Mcb

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2 hours ago

Thanks

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