Hypothetical question.

[Cpw vuk]

I would like someone to answer that hypothetical question.
In a lawful way.

If someone from my family who trusts me gives me $100 so I invest it for the both of us, on a verbal agreement, and I make one million $ from that investment.
Can I legally just give him his $50 and keep $999,950 for myself because there was no written contract?

What would legally be fair in that case?

Please only answer that question.
There is already another thread for my family dispute.

 

[adjusterjack]

Depends on what the verbal agreement was and whether there was evidence of the verbal agreement and what the money was invested in and how that investment was owned and the laws addressing that kind of investment.

If you thought you could trick us by asking a hypothetical question that might imply an answer to your family dispute, it's not gonna happen.

 

[quincy]

I would like someone to answer that hypothetical question.
In a lawful way.

If someone from my family who trusts me gives me $100 so I invest it for the both of us, on a verbal agreement, and I make one million $ from that investment.
Can I legally just give him his $50 and keep $999,950 for myself because there was no written contract?

What would legally be fair in that case?

Please only answer that question.
There is already another thread for my family dispute.

We tend not to entertain hypothetical questions on this forum. Sorry.

 

[adjusterjack]

After 12 pages of nonsense in the other thread, please people, let's not get started in this one.

 

[Ohiogal]

You have shown yourself a racist. We will not entertain you. Hire an attorney.

 

[zddoodah]

I would like someone to answer that hypothetical question.
In a lawful way.

Answer in a lawful way? Huh?

someone from my family who trusts me gives me $100 so I invest it for the both of us

So...this is someone else's money, but you're investing it "for the both of" you? Can you explain?

on a verbal agreement

And what exactly are the terms of this verbal agreement?

and I make one million $ from that investment.

A million dollars out of $100? That's far more than just a hypothetical.

Can I legally just give him his $50 and keep $999,950 for myself because there was no written contract?

Can you? Probably, but your family member will presumably report the matter to the police and/or sue you, and you'll likely get sent to prison and have a judgment entered against you (one which might not be dischargeable in bankruptcy).

What would legally be fair in that case?

"Legally fair" is not a real thing. "Fair" is subjective. Answer the questions above, and I'll opine about what is and isn't legal.

 

[stealth2]

p/x if anyone needs it.
https://forum.freeadvice.com/threads/i-need-objective-views-over-a-family-dispute.661886/page-12#post-3752087