Question
3.The Sisters of Charity was an order of nuns in New Jersey. Faced with growing healthcare and retirement costs, they decided to sell off a
3.The Sisters of Charity was an order of nuns in New Jersey. Faced with growing healthcare and retirement costs, they decided to sell off a piece of property. The nuns soon found, however, that the world is not always a charitable place. They agreed to sell the land to Linpro for nearly $10 million. But before the deal closed, Linpro signed a contract to resell the property to Sammis for $34 million. So, you say, the sisters made a bad deal. There is no law against that. But it turned out that the nuns' law firm also represented Linpro. Their lawyer at the firm, Peter Berkley, never told the sisters about the deal between Linpro and Sammis. Was that the charitableor legalthing to do?Explain
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