Should she decide to buy one or more of the franchises

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Jane is the director of a private national company and has several friends who are the directors or officers of other large private national companies. One weekend, Jane and her family are invited to a barbecue at the home of Jane's good friend Edmund, who casually tells Jane as her friend that his company is about to sell a few franchises and that anyone can pick them up relatively cheap. Outline the competing arguments for the company and Jane, should she decide to buy one or more of the franchises and the company finds out what she has done and sues her. What is the most likely outcome of such a lawsuit?

Reference no: EM133362901

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