Question
BUSINESS LAW QUESTION - ANSWER ACCORING TO CANADA LAWS Miles is a recent graduate of the UBC School of Business, with a major in real
BUSINESS LAW QUESTION - ANSWER ACCORING TO CANADA LAWS
Miles is a recent graduate of the UBC School of Business, with a major in real estate development. He wants to assemble land near the University in order to build high-density housing for married students. He approaches Randy, a well-known realtor, who agrees to find the land for him in return for Miles' agreement that he will pay a commission to Randy of 5% of the purchase price of any land acquired due to Randy's efforts. Miles agrees to Randys proposal. A week later Randy contacts Miles to say that he has a property for him, priced within Miles' stated budget. The seller is a numbered company. Miles agrees to do the deal and Randy receives his commission. Sometime later, Miles learns for the first time that the sole shareholder and director of the numbered company from whom he bought the property was Randy. Miles sues Randy return of the commission. 1. What is the legal issue? (2 marks) 2. What is the legal test that applies to the legal issue you have identified. (1 marks) 3. Make an argument for the Plaintiff (1 mark) 4. Make an argument for the Defendant (1 mark)
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