Joe sold Harry his barber shop for $100,000. He was paid $20,000 in cash, the other $80,000 to be paid by Harry giving Joe 20% of the profits of the business until the amount was paid off. Unfortunately, a customer, Sam, was injured by Harry, who managed to cut off his right ear while shaving. Sam sued both Harry and Joe. Explain his likelihood of success.

Question

Quizplus · Accepted Answer

The Answer of Joe sold Harry his barber shop for $100,000. He was paid $20,000 in cash, the other $80,000 to be paid by Harry giving Joe 20% of the profits of the business until the amount was paid off. Unfortunately, a customer, Sam, was injured by Harry, who managed to cut off his right ear while shaving. Sam sued both Harry and Joe. Explain his likelihood of success.

Joe Sold Harry His Barber Shop for $100,000