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 Its Legal Ethical & Global Environment
10th Edition
ISBN:9781305224414
Author:JENNINGS
Publisher:JENNINGS
Chapter13: Contracts And Sales:performance And Remedies
Section13.2: Contract Performance
Problem 2CQ
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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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