Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt’s investment firm.

Question
Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in Overseas Bank through Newt’s investment firm. Unknown to Mona, Newt realizes ongoing commissions from the investment. Most likely, Mona may – Q/A (Question and Answer)

Test Answer

Answer:

rescind the contract on the basis of undue influence.

Recource BUS315 ch 15+16

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