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book Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts cover

Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts

النسخة 16الرقم المعياري الدولي: 978-1285428253
book Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts cover

Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts

النسخة 16الرقم المعياري الدولي: 978-1285428253
تمرين 21
Johnson tells Davis that he paid $150,000 for his farm in 2010, and that he believes it is worth twice that at the present time. Relying upon these statements, Davis buys the farm from Johnson for $225,000. Johnson did pay $150,000 for the farm in 2010, but its value has increased only slightly, and it is presently not worth $300,000. On discovering this, Davis offers to reconvey the farm to Johnson and sues for the return of his $225,000. Result?
b. Modify the facts in (a) by assuming that Johnson had paid $100,000 for the property in 2010. What result?
التوضيح
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Whether D, the buyer of J's property, ca...

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Smith and Roberson's Business Law 16th Edition by Richard Mann,Barry Roberts
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