Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A and B entered into a joint venture contract whereby B agreed to put up a restaurant on the lot of A. N, A's neighbor

A and B entered into a joint venture contract whereby B agreed to put up a restaurant on the lot of A. N, A's neighbor who owned a lot across A's lot, learned of the transaction between A and B. Anticipating that many customers would patronize the restaurant, N decided to improve his vacant lot for parking. He incurred P20,000 for a guardhouse and other improvements which he had not yet paid to his contractor. Later, however, A and B mutually cancelled their earlier contract and entered into a new one whereby B agreed to put up the restaurant on another lot belonging to A which was located about 100 meters from the original area. N learned of the cancellation of the contract and decided that he would sue A and B for damages he allegedly sustained by reason thereof. Decide.

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

Equity And Trusts Text Cases And Materials

Authors: Paul S. Davies, Graham Virgo

3rd Edition

0198821832, 978-0198821830

More Books

Students also viewed these Law questions

Question

=+a) Is this an experiment or observational study? Explain.

Answered: 1 week ago

Question

please answer all of #24 please

Answered: 1 week ago

Question

14. Now reconcile what you answered to problem 15 with problem 13.

Answered: 1 week ago