Business Finance
Business question - 1 or 2 pages MLA

Question Description

Question: Don is an elderly man who lives with his nephew Evan. Don is dependent upon Evan for care. Evan advises Don to “invest” in Evan’s professional gambling venture. Evan tells Don that he will no longer provide care unless Don makes the investment. Don sells all of his stocks and bonds and signs a contract with Evan investing the proceeds of his sale of the stocks and bonds in Evan’s professional gambling venture. Can Don set aside the contract? If Don is successful in setting aside the contract, what remedy should he seek in addition to setting aside the contract?

Final Answer

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Rayewifi21 (64)
UT Austin

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