Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Charlie operates a flower shop. He agrees to sell his business to his sister Ali for $45,000. They both use their own solicitors to negotiate

Charlie operates a flower shop. He agrees to sell his business to his sister Ali for $45,000. They both use their own solicitors to negotiate the terms of a formal written agreement. The agreement contains a restriction that Charlie cannot, in the following two years, open another flower shop within 2 kilometres of the one he has just sold to Ali.

After six months, however, Charlie opens another flower shop just one kilometre away. Ali wants to sue Charlie for a breach of contract but fears the agreement was not intended to be legally binding because they are siblings.

a)What is the issue you need to consider? (Ignore any restraint of trade issues.)

b)What are the relevant legal rules relating to this problem?

c)What are the main cases related to this problem?

d)Based on this information, if Ali sues Charlie for breach of contract, will she win in court? What is your answer - yes? or no?Explain your answer.

pls answer with case

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_2

Step: 3

blur-text-image_3

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

Introduction To Business Law

Authors: Jeff Rey F. Beatty, Susan S. Samuelson

3rd Edition

978-0324826999, 0324826990

More Books

Students also viewed these Law questions

Question

2 Is the notion of the rate for the job outdated? Why or why not?

Answered: 1 week ago

Question

4 [2] (True or False) logn = O(loglogn)

Answered: 1 week ago