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Author Question: Sam agreed to loan Carmine $5000 on the understanding that the monies would be repaid with interest ... (Read 39 times)

tnt_battle

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on: Aug 7, 2021
Sam agreed to loan Carmine $5000 on the understanding that the monies would be repaid with interest within thirty days. The loan was not repaid. As a result, Sam entered into a separate contract with Ronnie and George. Sam agreed to pay them $500 in exchange for them agreeing to attend at Carmine's residence and "rough him up" reminding him that the initial loan was delinquent. Ronnie and George took the money and attended at the local casino instead of going to Carmine's house. Sam sued them for breach of contract. His claim in court will:
◦ fail because the essence of the contract contemplates an illegal act and as such is void.
◦ succeed because the monies were not repaid by the time of the trial.
◦ fail because they still have time to complete the attendance at Carmine's residence.
◦ succeed because they clearly failed to comply with their contractual obligations.
◦ succeed because the essential elements of a contract exist.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
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Marked as best answer by tnt_battle on Aug 7, 2021

tashiedavis420

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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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tnt_battle

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Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)

lcapri7

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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