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Author Question: Bruce told Ewen that he would be willing to pay a high rate of interest for a two-month loan of ... (Read 67 times)

dmcintosh

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on: Aug 7, 2021
Bruce told Ewen that he would be willing to pay a high rate of interest for a two-month loan of $1000. Ewen agreed to lend Bruce this amount at an annual rate of 25%, repayable June 14. Bruce agreed to these terms. Meanwhile, Bruce had recently completed some plumbing work for Martinson for which he was owed $2000. If Bruce failed to pay Ewen on June 14, which of the following is true?
◦ If Ewen obtained a judgment against Bruce, he could compel Bruce to be examined about Martinson's income, property, and debts.
◦ Ewen does not have to wait to obtain a judgment before executing against Bruce's assets.
◦ Ewen could serve Martinson with a garnishing order after obtaining judgment commanding Martinson to pay the money owed to Bruce into court if the money had not yet been paid to Bruce.
◦ Ewen could execute against Bruce even if he had not obtained judgment against him.
◦ Ewen could sue Martinson for violation (breach) of the contract.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by dmcintosh on Aug 7, 2021

smrtceo

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Reply #1 on: Aug 7, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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dmcintosh

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Reply 2 on: Aug 7, 2021
Thanks for the timely response, appreciate it

skipfourms123

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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