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Business Law
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Q.
A son, his mother and his father went into business together. The business soon needed more money to pay for debts and payroll. The mother got a home equity loan for the business for these payments. The mother then was relieved of her duties and is no longer working for the business or drawing a pay check. All along, the mother was making sure her home equity payment and all other debts were paid on time. However, now the business has changed banks and she cannot make sure that payments have been made. What are her legal rights if she can prove where all that money went?
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