Reference no: EM131377693
In February, Gardner, a schoolteacher with no experience in running a tavern, entered into a contract to purchase for $40,000 the Punjab Tavern from Meiling. The contract was contingent upon Gardner's obtaining a fiveyear lease for the tavern's premises and a liquor license from the state.
Prior to the formation of the contract, Meiling had made no representations to Gardner concerning the gross income of the tavern.
Approximately three months after the contract was signed, Gardner and Meiling met with an inspector from the Oregon Liquor Control Commission (OLCC) to discuss transfer of the liquor license. Meiling reported to the agent, in Gardner's presence, that the tavern's gross income figures for February, March, and April were $5,710, $4,918, and $5,009 respectively. The OLCC granted the required license, the transaction was closed, and Gardner took possession on June 10.
After discovering that the tavern's income was very low and that the tavern had very few female patrons, Gardner contacted Meiling's bookkeeping service and learned that the actual gross income for those three months had been approximately $1,400 to $2,000. Will a court grant Gardner rescission of the contract? Explain.
|
Discuss about the sales force compensation
: For companies that have a mission of selling, a major objective is to motivate the salespeople. While that are many factors that go into motivating these people, one of the primary factors is the compensation plan that describes how they will be ..
|
|
How victims can protect themselves from being victimized
: Explain how victims can protect themselves from being victimized. Discuss when and where rates of victimization are the highest. analyze Victim Precipitation Theory and how the ideas contained therein can be applied to study of victimization.
|
|
Find the bearing life in hours for 90% reliability
: A No. 204 radial-contact ball bearing carries a combined load of 200 lb radially and 150 lb axially at 1200 rpm. The bearing is subjected to steady loading. Find the bearing life in hours for 90% reliability.
|
|
Should deed declared invalid due to biggers undue influence
: Joan was survived by two children and six grandchildren. Joan's children challenged the validity of the deed. Should the deed be declared invalid due to Biggers' undue influence? Explain.
|
|
Will a court grant gardner rescission of the contract
: After discovering that the tavern's income was very low and that the tavern had very few female patrons, Gardner contacted Meiling's bookkeeping service and learned that the actual gross income for those three months had been approximately $1,400 ..
|
|
How you would use qualitative or mixed methods data analysis
: Explain how you would use qualitative or mixed methods data analysis within your overall design. Explain how you would use these methods to enrich and explain anticipated findings from your evaluation design.
|
|
What happens to the energy lost by the reducer
: Once the reducer reaches a steady state temperature, what happens to the energy lost by the reducer?
|
|
What did you learn about your critical thinking skills
: HRMN 302 6380: Conduct a brief Internet search and locate a piece of business writing. Be sure to provide a link to the page for us. Develop and share your in-depth analysis of the writing using 10 of the concepts discussed in chapter 4 of the tex..
|
|
Can the holcombs rescind the contract
: The Holcombs never asked for nor received a copy of the survey. In actuality, the lot was only 4.6 acres. Can the Holcombs rescind the contract? Explain.
|