Where circumstances surrounding a proposed commercial transaction involve an unsophisticated party,which of the following would a court most likely accept as undisputable evidence that that party has proceeded with the transaction on a free and informed basis?

Question

Quizplus · Accepted Answer

A certificate of independent legal advice would be the best evidence as it indicates that the unsophisticated party sought advice from a separate and independent lawyer who provided them with information and advice about the transaction. This suggests that the party has made an informed decision and understands the consequences of the transaction. The other options either do not convey the same level of independence or certainty in the legal advice given.

Where Circumstances Surrounding a Proposed Commercial Transaction Involve an Unsophisticated