A woman forged her husband's signature on dozens of cheques. In an attempt to protect her from prosecution, the husband signed a letter prepared by the Bank agreeing to assume all liability for the forged cheques. What would the Court find in relation to this agreement?
A) As an agreement to stifle a criminal prosecution, it was an illegal contract and therefore void.
B) The agreement was unenforceable because the Bank lacked capacity to enter into such an agreement.
C) The agreement was unenforceable because the husband was under duress at the time he signed it.
D) While the Bank acted improperly, "freedom to contract" establishes that the agreement must be enforced.
E) Because the husband acted improperly, the agreement was voidable by the Bank on the basis of illegality.
Correct Answer:
Verified
Q33: Which of the following statements is correct
Q34: Which of the following contracts is void?
A)
Q35: Which of the following is true with
Q36: Which one of the following categories of
Q37: Joe was unable to find work in
Q39: The court may hold that a contract
Q40: In Transport North American Express Inc. v.
Q41: Which one of the following is required
Q42: When a third party says, "I'll see
Q43: In which of the following situations would
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents