Question

Through fraudulent means, Frank induces Ethel to sign a contract to invest with him the profits from her business. When Ethel learns the truth, she may:______.
a. enforce the contract or recover what she invested with Frank.
b. do nothing.
c. only enforce the contract.
d. only recover what she invested with Frank.

Answer 1

Answer:

a. ​enforce the contract or recover what she invested with Finlay.

Explanation:

From the question we are informed about Frank which Through fraudulent means, he induces Ethel to sign a contract to invest with him the profits from her business. In this case When Ethel learns the truth, she may enforce the contract or recover what she invested with Frank. Contract can be regarded as an agreement that exist between two parties which could be private parties to create obligation which is mutual and is enforceable under law, element needed for a contract to be valid is that there must be valid offer as well as acceptance.