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Old May 10, 2005 | 5:13 pm
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Originally Posted by SMessier
I wonder how many FT'ers Buddy treated to drinks/dinner/whatever using stolen funds. Maybe members of the FT Bar can tell us whether that makes anyone an accessory to fraud.
Or receiving stolen property. Only if they knew, reasonably should have known, or (in some jurisdictions) were recklessly indifferent or willfully blind in the face of facts to place them on inquiry notice, that the funds were stolen.
Originally Posted by MrFurious
So if I have a contact with someone and [he] died, does that contract still remain valid?
Generally, yes -- with his estate. However, some contracts such as those requiring personal services are affected by "impossibility." For specific questions, consult an attorney with your particular facts.
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