To what relief if any is sierra pacific entitled

Assignment Help Business Law and Ethics

Reference no: EM131389022

Sierra Pacific Industries purchased various areas of timber and six other pieces of real property, including a ten-acre parcel on which five duplexes and two single-family units were located. Sierra Pacific requested the assistance of Joseph Carter, a licensed real estate broker, in selling the nontimberland properties.

It commissioned him to sell the property for an asking price of $850,000, of which Sierra Pacific would receive $800,000 and Carter would receive $50,000 as a commission. Unable to find a prospective buyer, Carter finally sold the property to his daughter and son-in-law for $850,000 and retained the $50,000 commission without informing Sierra Pacific of his relationship to the buyers.

After learning of these facts, Sierra Pacific brought an action against Carter. To what relief, if any, is Sierra Pacific entitled?

Reference no: EM131389022

Questions Cloud

Who should be held liable : While driving to make a call on a potential customer, Morris negligently collides with Hudson. Hudson sues Acme and Morris. Who should be held liable?

Developing a sales management plan : During the course, you will be developing a sales management plan. The project is for a fictitious product and you are the sales manager. You will be required to develop this plan and submit the assigned work each unit as described below. I am loo..

Official reserve transactions account balance : In the balance of payments, if there are no statistical errors or discrepancies, which of the following is TRUE of the sum of the capital account balance, the current account balance, and the official reserve transactions account balance?

To what relief if any is sierra pacific entitled : After learning of these facts, Sierra Pacific brought an action against Carter. To what relief, if any, is Sierra Pacific entitled?

Restrictions on imports : Restrictions on imports. Adding an additional family member to the labor force:

Introduce your chosen example of flawed creative thought : Briefly introduce your chosen example of flawed creative thought. Explain how and why this attempt to make a change or solve a problem was unsuccessful.

Is murphy correct in given condition : In return, Betsy-Len used the trade name ‘‘Holiday Inns'' and paid a fee for use of the license and Holiday Inns' national advertising. Murphy sued Holiday Inns, claiming Betsy-Len was its agent. Is Murphy correct?

More trouble in the baby market directions : This case details one of the most famous public relation (PR) challenges of the recent past and helps demonstrate the complicating factors when the issues involve more than one country. Analyze the problem Nestlé encountered and its public relatio..

User Account

All Pages