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Textbook: Business Law: Text & Exercises, 10th Edition with Mindtap, by Roger LeRoy Miller Chapter 13 - Undue Influence. Jerome is an elderly man who lives with his nephew, Philip. Jerome is totally dependent on Philip's support. Philip tells Jerome that unless Jerome transfers a tract of land he owns to Philip for a price 15 percent below market value, Philip will no longer support and take care of him. Jerome enters into the contract. Discuss fully whether Jerome can set aside this contract. .

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Textbook: Business Law: Text & Exercises, 10th Edition with Mindtap, by Roger LeRoy Miller Chapter 13 - Undue Influence. Jerome is an elderly man who lives with his nephew, Philip. Jerome is totally dependent on Philip's support. Philip tells Jerome that unless Jerome transfers a tract of land he owns to Philip for a price 15 percent below market value, Philip will no longer support and take care of him. Jerome enters into the contract. Discuss fully whether Jerome can set aside this contract.

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