Lou Uses Undue Influence to Induce Mona to Sign a Contract

question 39

Multiple Choice

Lou uses undue influence to induce Mona to sign a contract to invest her student loan funds in National Overseas Bank.Mona may

• A)avoid the contract or choose to carry it out.
• B)do nothing once she has signed the contract.
• C)recover from her lender for a failure to influence her "due."
• D)recover from the bank for a failure to undo Lou's influence.

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Definitions:

Credit Sale

A transaction in which goods or services are provided to the customer with an agreement that payment will be made at a later date.