Question
Sam and Julie Grossbergs attended a. meeting which was designated to help those in serious financial difficulties, u=in the hopes of learning some things that
Sam and Julie Grossbergs attended a. meeting which was designated to help those in serious financial difficulties, u=in the hopes of learning some things that would help them solve their need for affordable transportation. After the meeting George storm well, who worked for Friendly Motor Solutions approached them and offered to sell them a 1980 Oldsmobile for $3,600 plus interest. He said they could pay whatever they could afford so long as they paid a total of $5,000 within the next three years, the additional $1400 being finance charges and incidental costs. After 6 months the Grossbergs had paid a total of $500. when they both lost their jobs and were unable to continue payments any amount. Friendly filed suit for the $4,500 that remained unpaid. During the trial it was determined that the car the Grossbergs bought was worth only $600. What are the chances that Friendly will be successful in their suit to recover $4,500 plus court cost? Would the Grossbergs be able to recover anything from Friendly if they were to file a counter claim?
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