After winning a lottery,Janice consulted Len,a stockbroker and accountant,about how to invest the huge sum she had won.In their discussion she mentioned that her brother,Steve,would probably ask her for the information and advice she received from Len."Even though he won as much as I did," she said,"he's too cheap to pay for the help we both know we need,so I better make some notes." Among other things,Len advised Janice to buy shares in a company just before it bought heavily into retail stores in the United States and became overextended,which resulted in a significant drop in the price of its shares.Janice didn't act on that piece of advice,but Steve did.
A)Discuss whether Steve can bring a suit against Len.
B)If he can,is he likely to succeed?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q61: In this era of global trade, discuss
Q76: Miss Haversham,a guest at a wedding catered
Q77: Richard drank all the beer at home
Q78: A lawyer has been sued by a
Q79: Jean and Donald hired a lawn-care company
Q80: Dan had been notified by his landlord,Kevin,that
Q82: Explain how "accidents" are related to "torts"
Q84: The Peters had been transferred to a
Q85: Arthur,who is a member of the maintenance
Q86: From a legal perspective discuss why a
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