Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

In an oral contract, Lewis agreed to buy 10 acres of land from Clark. Clark assured Lewis that the land was suitable for development.After he

In an oral contract, Lewis agreed to buy 10 acres of land from Clark. Clark assured Lewis that the land was suitable for development.After he took possession of the land, Lewis discovered that it was adjacent to a hazardous waste dumping site and it could not be developed because it had been deemed contaminated by the EPA. Clark did not mention this to Lewis while negotiating the sale of the property.

a)Why should Lewis be able to rescind his contract with Clark?

b) Does it make any difference whether Clark knew about the contaminated state of the land? Why or why not?

c) Does it matter that the original agreement was not in writing?Explain.

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

Step: 3

blur-text-image

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

Intellectual Property Law

Authors: Lionel Bently, Brad Sherman, Dev Gangjee, Phillip Johnson

5th Edition

0198769954, 978-0198769958

More Books

Students also viewed these Law questions