Question
1.Pomona State bank owned a twelve-story commercial building. A fire inspector told Pomona Bank that the building's drinking water and fire suppression systems were linked,
1.Pomona State bank owned a twelve-story commercial building. A fire inspector told Pomona Bank that the building's drinking water and fire suppression systems were linked, which violated building codes. Without discussing this information, POMONA Bank sold the building to Leon.Leon spent $280,000 to repair the water and fire suppression system and filed a suit against Pomona bank. Is the seller liable for not disclosing the building's defects?Why?
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International Business Law and Its Environment
Authors: Richard Schaffer, Filiberto Agusti, Lucien J. Dhooge
9th edition
1285427041, 978-1285427041
