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Suzie, an elderly lady, agreed to sell her house to her nephew, Ben, for $700,000. Suzie signed on the Sale and Purchase Agreement prepared by
Suzie, an elderly lady, agreed to sell her house to her nephew, Ben, for $700,000. Suzie signed on the Sale and Purchase Agreement prepared by Ben's lawyer. Ben has fully paid the contract sum to Suzie. Ben is a financial investment consultant who also takes care of Suzie's properties. Suzie later discovers that the current market value of her house is worth $2 million dollars. Is there a valid contract between Suzie and Ben? What remedies are available to Suzie?Explain
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The scenario suggests the existence of a valid contract between Suzie and Ben Several elements suppo...
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Smith and Roberson Business Law
Authors: Richard A. Mann, Barry S. Roberts
15th Edition
1285141903, 1285141903, 9781285141909, 978-0538473637
