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Don is dependent upon Evan for care. Evan advises Don to “invest” in Evan’s professional gambling venture

Don is dependent upon Evan for care. Evan advises Don to “invest” in Evan’s professional gambling venture

Question: Don is an elderly man who lives with his nephew Evan. Don is dependent upon Evan for care. Evan advises Don to “invest” in Evan’s professional gambling venture. Evan tells Don that he will no longer provide care unless Don makes the investment. Don sells all of his stocks and bonds and signs a contract with Evan investing the proceeds of his sale of the stocks and bonds in Evan’s professional gambling venture. Can Don set aside the contract? If Don is successful in setting aside the contract, what remedy should he seek in addition to setting aside the contract?

 

…………………..Answer preview……………………..

In this case, there exists a relationship between Don and Evan. Evan is Don’s nephew and also acts as the primary caregiver since Don is an elderly man. Nonetheless, Evan is misusing the relationship by exploiting the vulnerability of Don to his advantage. By forcing Don to invest in his professional gambling business……………………..

APA

322 words

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