Assignment task:
After graduation you decide to purchase an established pizza restaurant. The seller of the restaurant tells you that you will make an average of $20,000 in profit every month. The seller shows you business records demonstrating that the restaurant has had an average of $20,000 in profit every month for the past two years. You sign a contract to pay the seller $10,000 per month for the next 100 months. (That's 8 years, 4 months). At the end of this period, you will have paid the seller $1,000,000 for the restaurant, received an annual salary of $120,000, and be the sole owner of a successful restaurant. After six months you realize the seller showed you false business records that the seller knew were false records and presented them to you as true just so you would purchase the restaurant for more than it was worth. For what may you sue the seller of the pizza restaurant? Group of answer choices Bilateral Mistake Duress Breach of Contract Copyright 2023 Dwight M. Kealy Misrepresentation / Fraud