Grant owes Mary $15,000. Mary’s daughter, Samantha, is gradu…
Grant owes Mary $15,000. Mary’s daughter, Samantha, is graduating medical school and Mary wants to give her money for graduation which will help her rent and furnish her first apartment during residency. Mary decides to assign her rights to the money Grant owes her to Samantha. Mary tells Grant to pay Samantha the $15,000 owed and Mary tells Samantha that Grant will pay her the $15,000. Is this valid?
Read DetailsSusan hires Coltin to be her investment counselor and busine…
Susan hires Coltin to be her investment counselor and business advisor. Coltin informs Susan that he needs $35,000 to invest in an opportunity that would benefit her financially. Despite promising to provide the money, Susan fails to do so. As a result, Coltin does not invest. Six months later, Susan learns that her investment would have increased by more than $100,000. If Susan sues Coltin for missing out on the opportunity, what is Coltin’s best defense?
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