3 was interested in the purchase of the shares of ones and Brown completed their assessment ot Manufacturing Ltd., which was in financial dif of the business that in their written opinion to Amin business consultant, to provide him with an assess- accounts of $3,000 and $3,500 respectively, which Amin A few days later, Amin presented the owners of rejected. oulties due to a high debt load. He contacted Jones, was worth approximately 91.1 million. They submitted They submitted on of the firm. Jones was to negotiate the purchase promptly paid Amin's behalf if his investigation indicated that the rchase of the shares represented a good investment. t manufacturing firm with an offer to purchase Jones suggested that Brown, a consulting engineer, shares for $1 milion, The offer was promptly reject be engaged to assess the condition and value of the Before Amin could submit a new offer, the co manufacturing equipment. Brown was also to provide that Jones and Brown had incorporated made an offer some advice on what might be done to improve the prof- of $L1 million for the business. The second off hares transferred to the corporation When Amin discovered that Jones and Brown were ized that the firm represented a good investment if the the principal shareholders of the corporation that had ility of the operation. Amin agreed, so Jones and accepted, and the s for the 811 million eeded with their assessment of the firm uring their examination, Jones and Brown real Brown proc equity-to-debt ratio could be altered and some manu- made the $11 million offer, he brought an action against facturing processes changed to improve efficiency. The them for damages two then established a corporation. They indicated to the present owners of the manufacturing firm (whom they had met through Amin) that they also represented a corporation that might be interested in the purchase if Describe the nature of Amin's action. Discuss the possible arguments that might be raised by both the plaintiff and the defendants. Identify the main issues and render a decision Amin should decide against the investment