[Defaulted Loan] Bruce wanted to open his own restaurant, The Burger Bar, and called his friend Janet for a loan. Janet orally agreed to loan Bruce $200,000. The agreement was not put into writing. Two years later, the loan was never repaid and is in default. The Burger Bar is bankrupt and Janet decides to sue Bruce in his individual capacity.
-If Janet sues Bruce in his individual capacity, what burden of proof would she have to prove her claim?
A) Beyond a reasonable doubt
B) By a preponderance of the evidence
C) Clear and convincing
D) Reasonable suspicion
E) Some credible evidence

Question

Quizplus · Accepted Answer

In civil cases, such as a lawsuit over a defaulted loan, the standard of proof is typically "by a preponderance of the evidence." This means that Janet must prove that it is more likely than not that Bruce owes her the money.

[Defaulted Loan] Bruce Wanted to Open His Own Restaurant, the Burger