May 12, 2011
I’m not a lawyer, either, but I’m pretty confident that, indeed, Price can’t do that. Not as it is displayed here. His careless remark, “that’ll teach you never to sign anything without reading it fully”, said in front of six witnesses, kills his case. It is an admission that, at the time of the signing of the contract, he was behaving deceptively and not “in good faith”, and that makes a contract invalid.
I’m not saying that sleazy actions like his can’t succeed — look at what the “Reagan revolution” has done to the mortgage industry — but, in real life, crooks have to be slicker about it than this.
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