Study each of the following case. Answer the questions that follow with Yes or No. Bushek signed
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Study each of the following case. Answer the questions that follow with Yes or No.
Bushek signed a contract with Aluminum Window Products Company to replace the windows and wooden window frames of his house with new ones made of aluminum. The salesperson asked Bushek to sign a “routine form” to help ensure that credit would be granted. The following day he read the “routine form” and discovered that he had, in fact, pledged the entire house as security, and if he defaulted on payments, the house could be taken from him.
a. Is the contract Bushek signed legal?
b. Does Bushek have the right to cancel the contract?
c. If Bushek decides to cancel the contract, is he liable for damages?
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