Commercial law, Business Law and Ethics

Assignment Help:

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 They discover that half the property has been transferred to Will, and want to have her contract with Will rescinded and seek to recover the property.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.


Related Discussions:- Commercial law

Proposal and invitation, Analyze the differences between a proposal and an ...

Analyze the differences between a proposal and an invitation to treat and discuss the rules to determine the point of time on which an agreement is reached. Using the latest Malays

Take-over bid, TAKE-OVER BID:                   If Company A ("the t...

TAKE-OVER BID:                   If Company A ("the transferee company") offers to acquire shares of Company B ("the transferor") and the scheme or contract to which the off

Conditions for relief - statutory provisions, CONDITIONS FOR RELIEF: I...

CONDITIONS FOR RELIEF: In H.R. Harmer Ltd (1959) Jenkins L.J. summarised the conditions which must be met before relief under the section can be granted by the court when he s

Committal stage - reading, Committal Stage: In this such order 103 off...

Committal Stage: In this such order 103 offers that a Bill having been read a second moment shall stand committed to a committee of the Whole House, unless the House commits t

Types of capital, Types of Capital: A company's capital at any given m...

Types of Capital: A company's capital at any given moment may consist of: a)      NOMINAL OR AUTHORISED CAPITAL This is the capital that is stated in the memorandum of a

What are the effects of the monetary expansion, What are the effects of the...

What are the effects of the monetary expansion The first diagram corresponds to the case when both countries maintain a fixed exchange rate, and the second is when they allow

Explain causation, Explain the Causation, Remoteness and Contributory Negli...

Explain the Causation, Remoteness and Contributory Negligence in short. Causation: When the accident was going to occur anyway then causation is not proved, which is a third

What are intellectual property rights?, Question 1 What are cybercrimes? M...

Question 1 What are cybercrimes? Mention in detail what are considered as cybercrimes Question 2 What are Intellectual Property Rights? Explain in detail Question 3 What

What is the aim of the reviewing authority, QUESTION 1 Outline the hist...

QUESTION 1 Outline the history of Labour Laws in Mauritius QUESTION 2 a) In what circumstances can an employer raise the defence of abandonment of work? b) Section 1

Deadlock in the management, Deadlock in the management: The company ex...

Deadlock in the management: The company existed only to "work a particular patent" and as it could not do so it should be wound up. But if there are two or more alternative

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd