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Home Q & A Board Humanities Legal Studies
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Ashorn Ashorn
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6 years ago
Guido is an unsavory money lender who charges 35 percent interest. Upon learning that Sylvia, one of his clients, had become unable to make her weekly payment, Guido tells her that he has "a way of dealing with defaulters where they think twice next time." She then promptly signs a contract agreeing to a 50 percent rate over a longer period of time. Sylvia now wants to get out of this second contract. As a lawyer, what should you advise Sylvia to do?
a. nothing, but pay the debt at 50 percent; the contract is enforceable
b. claim that she entered because of constructive fraud
c. claim that she entered the contract under duress
d. claim that she entered into the contract under undue influence
e. claim that she entered under dire circumstances
Textbook 
The Law and Business Administration in Canada

The Law and Business Administration in Canada


Edition: 14th
Authors:
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AlexStanfordAlexStanford
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Ashorn Author
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6 years ago
this is exactly what I needed
IvanaVR
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Yesterday
Just got PERFECT on my quiz
deathDoUsPart
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2 hours ago
Correct Slight Smile TY
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