Question: Q1 a). What does it mean when we say that X has altered his position? b). I enter into a contract with X for sale
Q1 a). What does it mean when we say that X has altered his position?
b). I enter into a contract with X for sale of my house in parts at $250K a month. Due to financial problems in Xs family, I agree to decrease the monthly payments to $150K/month for the period that the financial problems phase out. Will the courts recognize such an agreement? Give reasons for your answer.
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