Jonathon is interested in buying Harolds coffee shop business and he asks Harold for information about the business. Harold telephones his accountant and asks the accountant to provide him with the latest financial information about the business. The accountant provides a financial report to Harold that the coffee shop made a profit of $50,000 in the latest financial year. Harold informs Jonathon about the level of profit made by the business. Based on this information, Jonathon decides to buy the coffee shop. However, after taking over, Jonathon finds that the coffee shop makes substantially less profit than that advised by Harold