Business Law and the Regulation of Business 11th Edition by Richard Mann, Barry Roberts

Exercise 17

On March 1, Joseph sold to Sandra fifty acres of land in Oregon that Joseph at the time represented to be fine black loam, high, dry, and free of stumps. Sandra paid Joseph the agreed price of $140,000 and took from Joseph a deed to the land. Sandra subsequently discovered that the land was low, swampy, and not entirely free of stumps. Sandra, nevertheless, undertook to convert the greater part of the land into cranberry bogs. After one year of cranberry culture, Sandra became entirely dissatisfied, tendered the land back to Joseph, and demanded from Joseph the return of the $140,000. On Joseph's refusal to repay the money, Sandra brought an action at law against him to recover the $140,000. What judgment?