
Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts
Edition 11ISBN: 978-1133587576
Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts
Edition 11ISBN: 978-1133587576 Exercise 13
Decedent, Joan Jones, a bedridden, lonely woman, eightysix years old, owned outright Greenacre, her ancestral estate. Biggers, her physician and friend, visited her weekly and was held in the highest regard by Joan. Joan was extremely fearful of pain and suffering and depended on Biggers to ease her anxiety and pain. Several months before her death, Joan deeded Greenacre to Biggers for $5,000. The fair market value of Greenacre at this time was $125,000. Joan was survived by two children and six grandchildren. Joan's children challenged the validity of the deed. Should the deed be declared invalid due to Biggers' undue influence? Explain.
Explanation
Case synopsis:
This case reveals the de...
Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts
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