Revisit the Gail Waters example. Imagine now that Beauchemin was not her boyfriend, and that he had

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Revisit the Gail Waters example. Imagine now that Beauchemin was not her boyfriend, and that he had not introduced her to the drugs to which she became addicted. If all other facts in the case remain the same, would the purchase of the annuity for $50,000 still be unconscionable, in your opinion?

Annuity
An annuity is a series of equal payment made at equal intervals during a period of time. In other words annuity is a contract between insurer and insurance company in which insurer make a lump-sum payment or a series of payment and, in return,...
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Business Law and the Legal Environment

ISBN: 978-1133587491

5th edition

Authors: Jeffrey F. Beatty, Susan S. Samuelson

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