Commercial law, Business Law and Ethics

Commercial Law

Alice is an 80 year old, illiterate, and suffering from Alzheimer’s disease (a disease affecting short-term memory). Will is a social worker employed by the local council to call on elderly residents as part of his duties. He visits Alice every week to check on her well-being, as her family lives in the Vietnam, and very rarely comes to visit her.

Over the years, Alice has become increasingly dependent on Will for advice and emotional support. She lives on a very large farm, which has become too expensive and difficult to maintain. Will convinces Alice to give him half of the property in exchange for his weekly visits. She considers calling her family to consult with them, but Will tells her she shouldn’t bother them, and she signs a deed to transfer fifty percent of the property to him in exchange for his visits.

Will immediately sells the land to LJ Hooker Pty Ltd for $500,000. Alice falls into a coma and requires 24-hour medical attention. Her family has the power of attorney to manage Alice’s affairs, and wants to sell the large property to cover the cost of Alice’s care. They discover that half the property has been transferred to Will, and want to have her contract with Will rescinded and seek to recover the property.

Required:

Advise Alice’s family if there is a valid contract with Will, and any remedies to which they may be entitled under common law. Make reference to relevant case law to support your answer.

Posted Date: 2/15/2013 2:22:17 AM | Location : United States







Related Discussions:- Commercial law, Assignment Help, Ask Question on Commercial law, Get Answer, Expert's Help, Commercial law Discussions

Write discussion on Commercial law
Your posts are moderated
Related Questions
Managing Director: In Ellis v Bailey and Company (East Africa) Limited (76) it was stated that "without specific authority in the articles directors may not appoint one of the

1. Tort reform refers to proposed changes in the civil system that would reduce tort litigation or damages. Proposals include, among other things,putting a cap on the amount a plai

Trade Unions - Unincorporated Associations Therefore these are registered under S.11 of the Trade Unions Act 1952 into the primary object of regulating the relations between e

Question 1: (a) Who is a director of a company and describe how he may be appointed. (b) What are the duties owed by directors under the Companies Act 2001? Question 2

Define the term - Credibility and Reputation Nature and characteristic of the environment in which a policy has been chosen has a number of important implications. As we have a

Description of terrorism UNSC has successfully come up with laws to deal with terrorism and with the help of the theory of self determination, use of force and IHL, tried to re

Question 1: Analyze the contribution and role of logistics in the provision of good customer service. Question 2: Discuss the case for and against using in-house or t

(These are short answer assignments; just a few paragraphs for each part is all that is required) Assignment 1: Discussion Questions In this assignment, you will research and appl

Presentment for Acceptance - Rules Relating To Acceptance Even though a bill must be presented to with acceptance and be accepted through the drawee in order to render him lia

Function of the Registered Office:                          Section 107(1) provides that a company shall, as from the day on which it begins to carry on business or as from th