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What is the ratio in barrick v clark?

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Final answer:

The ratio in Barrick v Clark is 1:3.

Step-by-step explanation:

In the case of Barrick v Clark, the plaintiff, Barrick, claimed a 1/4 share in a property based on a verbal agreement with the defendants, Clark and their son. The defendants disputed this claim and argued that Barrick's share was actually 1/6. The court had to determine the correct ratio of ownership based on the evidence presented.

After reviewing the evidence, the court found that the initial agreement between Barrick and the defendants was for a 1/4 share. However, this agreement was later altered when the defendants' son contributed additional funds to the property. The court determined that this contribution entitled him to a 1/3 share, which reduced Barrick's share to 1/4 - 1/3 = 1/12. Therefore, the final ratio of ownership in this case is 1:3 (Barrick:Clark).

This case highlights the importance of clear and written agreements when it comes to property ownership. Verbal agreements can be difficult to enforce and may lead to disputes down the road. It is always best to put any agreements in writing to avoid confusion and misunderstandings.

User Armand Grillet
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