Question: Question 3 5 ( 2 points ) Mona is induced by her guardian Newt to sign a contract to invest her student loan funds in
Question points
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
not rescind the contract.
rescind the contract on the basis of undue influence.
rescind the contract on the basis of mistake.
rescind the contract on the basis of unconscionability.
Question points
While sailboarding, Jolene is injured when Kilroy carelessly crosses her path. Kilroy's insurance company offers Jolene $ to release Kilroy from liability, and she accepts. Later, she learns that her injuries are more serious than she realized. The release is
enforceable.
unenforceable because Jolene's injuries are unforeseeably difficult.
unenforceable because Kilroy has a preexisting duty to pay.
unenforceable because the release is an illusory promise.
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