Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

7. Lennie bought pressure-treated lumber from GoodWood Building Ltd. (GoodWood) last May. Lennie used the wood to build a deck. By the fall he found

image text in transcribed
image text in transcribed
7. Lennie bought pressure-treated lumber from GoodWood Building Ltd. (GoodWood) last May. Lennie used the wood to build a deck. By the fall he found that the wood was starting to rot. When Lennie tried to contact Good Wood, he discovered their store had closed and the company was insolvent. Lennie located the salesman who sold him the wood, who agreed the wood was defective. He told Lennie the wood was imported from Thailand, so a lawsuit against the manufacturer would be difficult. He suggested that Lennie bring an action against the directors and shareholders of GoodWood. The shareholders and directors are Jim, Tim, and Tom. What are Lennie's chances of success against the shareholders and directors? Does your answer change if GoodWood is an unincorporated business in which Tim, Jim, and Tom are the owners and managers? What are Lennie's chances of success against them in this circumstance

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

Land Law Text Cases And Materials

Authors: Ben McFarlane, Nicholas Hopkins, Sarah Nield

5th Edition

0198868529, 978-0198868521

More Books

Students also viewed these Law questions