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Lenny was an entrepreneur who owned a restaurant business Equus Inc. The business was located in an old factory owned by Lenny. Hazel, the accountant,
Lenny was an entrepreneur who owned a restaurant business Equus Inc. The business was located in an old factory owned by Lenny. Hazel, the accountant, was preparing financial statements for the purpose of selling Equus Inc. She assumed that the factory was an asset of Equus Inc. and did not review the land title or check with Lenny. Eduardo purchased the business for $500,000, believing that the factory was an asset worth $450,000 and the business was worth $50,000. Can Eduardo sue Hazel?
a.True
b. False
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