Business people have in assessing the mental capacity

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A few years ago, an independent insurance agent, was ordered to spend 90 days in jail on a felony-theft conviction for selling a complex annuity to an 83-year-old woman who prosecutors alleged had shown signs of dementia. Should the agent be held liable? What responsibility do business people have in assessing the mental capacity of people they do business with?

Reference no: EM131453744

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