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 23 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 :)

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

About 600,000 particles of skin are shed every hour by each human. If you live to age 70 years, you have shed 105 pounds of dead skin.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

Two species of granivorous rodents living in the Chihuahuan Desert: (a) the kangaroo rat, Dipodomys Two species of granivorous rodents living in the Chihuahuan Desert: (a) the kangaroo rat, Dipodomys
Assessing for Chvostek's Sign Assessing for Chvostek's Sign
If their caregivers sign to them, deaf children will imitate these signs and “babble” in sign, ... If their caregivers sign to them, deaf children will imitate these signs and “babble” in sign, ...
How to calculate mortgage payments (Question 2 of 2) How to calculate mortgage payments (Question 2 of 2)
How to calculate monthly mortgage payments at varying amortization periods (Question 1) How to calculate monthly mortgage payments at varying amortization periods (Question 1)
Sign and symptoms of a patient with heart failure Sign and symptoms of a patient with heart failure
Video: Sister chromatids of a metaphase chromosome animation

For a complete list of videos, visit our video library