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Unformatted text preview: of his own financial situation; not a result of economic duress. 10. Sippy would rely on the theory that Christich committed fraud, based on the fact that the agent was not truthful with him, and made him believe that the house was in good condition, which the agent knew it was not true. Judgment for Sippy. 11. No, because it does not constitute duress. Pileggi was not threatened of anything when he borrowed money from Young. He chose to do it. The embarrassment, and the possibility of bankruptcy, would be no more the collateral damage of Pileggi decision of not paying Young. 13. The seller knew that C&amp;J wanted only new parts, by selling him secondhand parts, without C&amp;J knowledge, the seller did commit fraud. Even if there was not a written warranty or statement from the seller, attesting that all the parts would be new, the buyer made himself clear that he did not want used parts, knowing about this requisite, the seller still made a deal with the buyer....
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This note was uploaded on 02/29/2012 for the course BUSINESS 101 taught by Professor Jackson during the Spring '12 term at American High.
- Spring '12
- Business Law