Charles Blue owned a stationery shop, which she was anxious to sell. Donna Brown visited his shop and discussed a possible purchase. During those discussions, Charles stated that he was sure 2013 sales would exceed $620 000 and that sales for 2012 were more than $480 000. Donna was impressed with those figures and offered to purchase the shop for $110 000 cash. The sale was completed one week later (December 24, 2012) and was documented with a brief written agreement that did not include anything about past sales. In April 2013, Donna had the 2012 financial statement for the flower shop prepared and discovered that actual sales for 2012 were $320 000. In addition, Donna knew that 2013 sales were 5 percent below sales for the same period a year earlier. Donna confronted Charles with those figures and he was evasive and refused to accept any responsibility, saying only that the written agreement contained no mention of sales figures. Donna asks you the following questions:

1) Evaluate the arguments of both sides (Brown and Blue). What do you think the court's decision will be and why?

2) What are some lessons business professionals can learn from this case?