- 20 Marks
LRB – JUL 2020 – L2 – Q4 – Undue Influence in Guarantees
Define undue influence, explain conditions for successful claims on guarantees due to undue influence, and how banks can overcome it.
Question
(a) What is undue influence?
(b) Explain the conditions under which a claim of undue influence on guarantees provided by a bank on behalf of a customer can succeed
(c) How can a bank overcome undue influence under Question 4(b)?
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