What if Nancy went through with the sale anyway, and only discovered the oil spill ten years after the closing. Would she have any recourse?
Business Law Assume the following: Phillip agrees to sell his mixed-use property in Bedford Falls to Nancy for $2,000,000. Phillip is aware that there was an oil spill on the property, which can only be discovered by drilling down thirty feet into the soil. Phillip says nothing about this to Nancy. In addition, there is […]