This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Mr. and Mrs. H were induced to sign a mortgage in favour of M Co. Ltd. by Johnston, a man living ... (Read 36 times)

WWatsford

  • Hero Member
  • *****
  • Posts: 539
    • Biology Forums!
on: Aug 7, 2021
Mr. and Mrs. H were induced to sign a mortgage in favour of M Co. Ltd. by Johnston, a man living with their daughter. Johnston led them to believe that the document was an unimportant amendment to an existing mortgage, when in reality it was a second substantial mortgage of their home. Neither read the document nor questioned it. When the payments were in arrears, the mortgagee took an action for foreclosure (to take Mr. and Mrs. H's home). Which of the following is correct with respect to the legal position of the parties?
◦ If the court finds that this is an example of duress by Johnston, Mr. and Mrs. H will not have to honour the mortgage.
◦ If Mr. and Mrs. H can show they didn't read the document, they will not have to honour the mortgage contract.
◦ Mr. and Mrs. H will likely have to honour the mortgage contract even though they didn't read it.
◦ If the court finds that Johnston has committed a fraudulent misrepresentation, Mr. and Mrs. H will not have to honour the mortgage.
◦ If the court finds that this is an example of undue influence by Johnston, Mr. and Mrs. H will not have to honour the mortgage.
Legal Fundamentals for Canadian Business ¦ Yates ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by WWatsford on Aug 7, 2021

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
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.
Answer Preview
Only 64% of students answer this correctly


WWatsford

  • Member
  • Posts: 539
Reply 2 on: Aug 7, 2021
Great answer, keep it coming :)

Bigfoot1984

  • Member
  • Posts: 321
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

In 1885, the Lloyd Manufacturing Company of Albany, New York, promoted and sold "Cocaine Toothache Drops" at 15 cents per bottle! In 1914, the Harrison Narcotic Act brought the sale and distribution of this drug under federal control.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

Did you know?

Ether was used widely for surgeries but became less popular because of its flammability and its tendency to cause vomiting. In England, it was quickly replaced by chloroform, but this agent caused many deaths and lost popularity.

The elephant raises its trunk as a sign of warning or to smell enemies or friends The elephant raises its trunk as a sign of warning or to smell enemies or friends
he Three Domains of the Living World he Three Domains of the Living World
Age at First Sign of Psychotic Symptoms in Schizophrenic Patients Age at First Sign of Psychotic Symptoms in Schizophrenic Patients
The induced conformational change in hexokinase The induced conformational change in hexokinase
Children with emotional or behavioural problems living with both parents vs divorce Children with emotional or behavioural problems living with both parents vs divorce
Energy flows from the environment into living organisms, then back to the environment Energy flows from the environment into living organisms, then back to the environment
Video: Inflammatory response Animation

For a complete list of videos, visit our video library