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    The Law and Business Administration Study Set 2
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    Exam 9: Grounds Upon Which a Contract May Be Impeached: Misrepresentation, Undue Influence, and Duress
  5. Question
    Jack Really Needs Money to Pay Off His Mortgage Before
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Jack Really Needs Money to Pay Off His Mortgage Before

Question 55

Question 55

True/False

Jack really needs money to pay off his mortgage before the bank forecloses. He goes to "Shark" who agrees to lend Jack the money if Jack will pay 100% interest. This is an example of undue influence.

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