Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

1.George entered into an agreement with Harry for the sale of Mega Corp Ltd together with machineries and furnishing.The contract stated that the buildings were

1.George entered into an agreement with Harry for the sale of Mega Corp Ltd together with machineries and furnishing.The contract stated that the buildings were not in an earthquake zone, nor were they on a fault line and the machineries were less than three years. The sale was agreed, and the title for the property and machinery was passed to George.

Recently there was an earthquake and two high-rise buildings belonging to Mega Corp collapsed.George was informed later that the machineries were over 5 years old. George wants to repudiate the contract.

Advise George, giving reasons for your answer.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Dynamic Business Law The Essentials

Authors: Nancy Kubasek, Neil Browne, Daniel Herron

2nd edition

978-0077630430, 77630432, 73524972, 978-0073524979

More Books

Students also viewed these Law questions

Question

What research studies are you interested in conducting?

Answered: 1 week ago

Question

The Federal Reserve's liabilities include

Answered: 1 week ago

Question

What are the advantages of arbitration?

Answered: 1 week ago