Interested in using her considerable saving

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Reference no: EM133937296

Question

Rupall is a champion ice skater who has retired from professional sport, she is now interested in using her considerable saving ( from her winning and professional fees ) to purchase a business. Rupali is interested in purchasing a suburban ice skating rink and she begins negotiations with the proprietor for a sale. The owner assures Rupali that the business grosses more than $5000 per week with an overhead of only $2000 per week. Rupali has never owned a business before and does understand accounting, but she is convinced when shown the books that the business is making out any potential profit. The vendor had shown her only parts of the accounts and seems to have kept from her the actual profit per week. What rights might Rupali have once she discovers the true state of the business?

Reference no: EM133937296

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