Question
Johnson purchased a house and lot from lina. During negotiations for the sale, Lina represented the lot width to be 60 feet when, in fact
Johnson purchased a house and lot from lina. During negotiations for the sale, Lina represented the lot width to be 60 feet when, in fact it was only 50 feet. There were no physical boundaries that made the lot's width easily discernible by the naked eye. Johnson, upon discovery of the true width of the lot, promptly brought action for rescission of the sale on the ground of misrepresentation will he win? Why or Why not ?
Able decided to sell his hotel. Able told Baker, a potential purchaser, that the hotel was in "A-1 condition. In fact, unknown to Able or Baker, the walls of the hotel were structurally defective and ready to collapse. Baker relied on Able's statement and bought the hotel. When Baker learned of the defective walls, she sued to rescind the sale. Able claimed that his statement was innocently made and therefore Baker is not entitled to rescission. Who is correct ? Why
Shifty sold his farm to Leroy on November 1 for $275,000. Leroy Immediately recorded his deed and took possession of the farm. On December 1, Shifty sold the farm for $5 to his brother-in-law, Crafty, who recorded his deed on that date. A dispute over ownership of the farm later developed between Leroy and Crafty. Assuming that the state has a "notice" recording statue, list all arguments that Leory should raise to prove that he is entitled to ownership.
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started