How should Laura be able to argued this case?

4:17 PM Sun 18 Apr Question 2 2(3) Laura bumped into her old schoolmate, Maggie at the MRT station. They decided to catch up over drinks. Laura then found out that Maggie owned a company, Glow and Shine Pte Ltd (\"G&S\") operating a beauty salon with twelve outlets in Singapore and that Maggie was looking for an investor as she was hoping to expand her beauty salon business overseas Laura was excited as she has great interest in anything to do with beauty treatments and saw much potential in the beauty business. They had a few meetings thereaer for Laura to understand the business better. During one of the meetings, Laura expressed her concern about the number of customers who visit the salon regularly for treatment as this impacts the sustainability of the business. Maggie told Laura that the company had 40,000 customers who had just signed up for or renewed annual beauty treatment packages. Laura was so assured about the company's sustainability upon hearing this. Maggie suggested that Laura could check the records of the company to verify the same but Laura said \"We are old schoolmates and I trust that you are telling the truth.\" Shortly thereafter, Laura then signed a contract with Maggie to buy 50% of Maggie's shares in 681.5 for $3 million and undertook to subscribe for more shares in the company in the future. The contract was a very comprehensive contract containing detailed terms of the transaction but there was no mention whatsoever of the 40,000 customers. After the contract was completed, Laura decided to pop into the ofce of G&S to check on the business. When she spoke to the staff, she found out that business had been declining drastically for a very long time even way before Laura met Maggie at the MRT station. Upon checking the records of G&S, Laura discovered that the company had only 2000 customers with current annual packages and these packages were expiring shortly. As it turned out, Maggie had left the running of the business entirely to her manager, Jane. Jane was recently due for a salary review and in order to impress Maggie so that she would get a good increment, Jane had falsied some company documents without Maggie's knowledge and showed these falsied documents to Maggie. Jane's falsied documents showed there were 40,000 customers who had just signed up for or renewed annual beauty treatment packages. Maggie could have checked the information from the other company records before telling Laura but she did not bother to do so. Laura now wants to get out of the contract with Maggie and recover the purchase price she paid for the shares. Required Advise Laura as to whether she has any legal basis to get out of the contract with Maggie and recover the purchase price of $3million paid. (35 marks) ?tn100%