Question
Hi law experts, thank you and please ASAP assist in answering to the case study attached below... but first NEED TO ANALYZE CASE THROUGH THE
Hi law experts, thank you and pleaseASAP assist in answering to the case study attached below... but first
NEED TO ANALYZE CASE THROUGH THE USE FOCUS OF ANY OF THESE 3 TOPICS AND APPLY PROPER LAW RULES / STEPS BASED ON THE APPLICATION;
- Nature and creation of contracting
- Misrepresentation and terms
- Discharge of contracts
Please apply case study like such;
- Look how question ends
- Take / state the facts to the question AND APPLY EACH STEP of the law TEST and almost reachmini conclusions
- Applications to see if we have a statement of fact, is it false, induce the deal? And is it material??
- IS each step of the test if it is made out?
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CASE STUDY STARTS BELOW:
SO lets say this issue involves an old basketball team, the Griz. The Griz had been in the process of contracting for land that the team had wanted for a new arena. The team approached Ms. NS about the prospect of purchasing a piece of her land in downtown city. NS had purchased the land from the City of Cali in 1994, though was not willing to sell it. Instead, she offered to rent the space to the Griz in exchange for $2 million per year. The Griz agreed. Following the signing of the tenancy agreement, the Griz set out to design the new arena, gain sponsors, and submit the ultimate building plans to City Hall for approval. Unfortunately, once City Hall received the plans, they had a number of concerns about how the building would fit into the overall design of the neighborhood. In fact, the City planners demanded that the arena be significantly smaller. This was a surprise to the Griz and NS. The Griz however, were not willing to do that because a smaller arena would result in substantially reduced profits. Accordingly, the Griz declined to move forward with the project. The Griz informed NS that they would no longer need the land. Ms. NS has stated that the team is breach of the tenancy contract and is preparing to sue.
Ignoring breach, how would the Griz likely argue that the contract has been discharged? Would that claim be successful? Explain the law fully.
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