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Business Law Today 10th Edition by Roger LeRoy Miller
Edition 10ISBN: 978-1133273561Business Law Today 10th Edition by Roger LeRoy Miller
Edition 10ISBN: 978-1133273561 Exercise 6
Misrepresentation.
Charter One Bank owned a fifteen-story commercial building. A fire inspector told Charter that the building's drinking-water and fire-suppression systems were linked. Without disclosing this information, Charter sold the building to Northpoint Properties, Inc. Northpoint spent $280,000 to repair the water and fire-suppression systems and filed a suit against Charter One. Is the seller liable for not disclosing the building's defects? Discuss. [Northpoint Properties, Inc. v. Charter One Bank, 2011-Ohio-2512 (Ohio App. 8 Dist. 2011)]
Charter One Bank owned a fifteen-story commercial building. A fire inspector told Charter that the building's drinking-water and fire-suppression systems were linked. Without disclosing this information, Charter sold the building to Northpoint Properties, Inc. Northpoint spent $280,000 to repair the water and fire-suppression systems and filed a suit against Charter One. Is the seller liable for not disclosing the building's defects? Discuss. [Northpoint Properties, Inc. v. Charter One Bank, 2011-Ohio-2512 (Ohio App. 8 Dist. 2011)]
Explanation
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Verified
Misrepresentation
C sold building to N ...
Business Law Today 10th Edition by Roger LeRoy Miller
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