D borrowed a sum of money from C with a certain rate of interest. C now wants to increase the rate of interest without the consent of D. What principles in contracts prohibit C from doing so? Explain.
D borrowed a sum of money from C with a certain rate of interest. C now wants to increase the rate of interest without the consent of D. What principles in contracts prohibit C from doing so? Explain.
Business/Professional Ethics Directors/Executives/Acct
8th Edition
ISBN:9781337485913
Author:BROOKS
Publisher:BROOKS
Chapter5: Corporate Ethical Governance & Accountabililty
Section: Chapter Questions
Problem 10.2EC
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D borrowed a sum of money from C with a certain rate of interest. C now wants to increase the rate of interest without the consent of D. What principles in contracts prohibit C from doing so? Explain.
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