Tanner probable success in getting funds back

Assignment Help Other Subject
Reference no: EM133034909

Grano owns a forty-room motel on Highway 100. Tanner is interested in purchasing the motel. During the course of negotiations, Grano tells Tanner that the motel netted $30,000 during the previous year and that it will net at least $45,000 the next year. The motel books, which Grano turns over to Tanner before the purchase, clearly show that Grano's motel netted only $15,000 the previous year. Also, Grano fails to tell Tanner that a bypass to Highway 100 is being planned that will redirect most traffic away from the front of the motel. Tanner purchases the motel. During the first year under Tanner's operation, the motel nets only $18,000. At this time, Tanner learns of the motel's previous low profits and the planned bypass. Tanner wants Grano to return the purchase price. Discuss fully Tanner's probable success in getting his funds back.

Reference no: EM133034909

Questions Cloud

Flourishing lawncare business : Widget's, Inc., fictional company, has flourishing lawncare business. Does Peta have a product liability case against the mower manufacturer Ferrari for defect
Common law versus uniform commercial code : Explain how legally a contract is formed and the differences pursuant to common law versus the Uniform Commercial Code.
Function of international criminal court : Assess the purpose and function of the International Criminal Court (ICC). Examine the pros and cons for the United States to be a member of the ICC.
Established professional sports leagues : Describe the methods that established professional sports leagues have used to thwart the success of new rival leagues in their sport.
Tanner probable success in getting funds back : Tanner wants Grano to return the purchase price. Discuss fully Tanner's probable success in getting his funds back.
Labor relations and collective bargaining : The purpose of this assignment is to explore and analyze collective bargaining agreements for three professional sport organizations or leagues.
Characteristics during interview process : How would you measure these traits and characteristics during the interview process? What communication skillsets would you utilize?
Talk about trends in information systems : Describe the current trends in information systems as well as how technology changes impact society and culture.
Criminal justice employees : It is often said that criminal justice employees are unmotivated. Comment on this assertion.

Reviews

Write a Review

Other Subject Questions & Answers

  Cross-cultural opportunities and conflicts in canada

Short Paper on Cross-cultural Opportunities and Conflicts in Canada.

  Sociology theory questions

Sociology are very fundamental in nature. Role strain and role constraint speak about the duties and responsibilities of the roles of people in society or in a group. A short theory about Darwin and Moths is also answered.

  A book review on unfaithful angels

This review will help the reader understand the social work profession through different concepts giving the glimpse of why the social work profession might have drifted away from its original purpose of serving the poor.

  Disorder paper: schizophrenia

Schizophrenia does not really have just one single cause. It is a possibility that this disorder could be inherited but not all doctors are sure.

  Individual assignment: two models handout and rubric

Individual Assignment : Two Models Handout and Rubric,    This paper will allow you to understand and evaluate two vastly different organizational models and to effectively communicate their differences.

  Developing strategic intent for toyota

The following report includes the description about the organization, its strategies, industry analysis in which it operates and its position in the industry.

  Gasoline powered passenger vehicles

In this study, we examine how gasoline price volatility and income of the consumers impacts consumer's demand for gasoline.

  An aspect of poverty in canada

Economics thesis undergrad 4th year paper to write. it should be about 22 pages in length, literature review, economic analysis and then data or cost benefit analysis.

  Ngn customer satisfaction qos indicator for 3g services

The paper aims to highlight the global trends in countries and regions where 3G has already been introduced and propose an implementation plan to the telecom operators of developing countries.

  Prepare a power point presentation

Prepare the power point presentation for the case: Santa Fe Independent School District

  Information literacy is important in this environment

Information literacy is critically important in this contemporary environment

  Associative property of multiplication

Write a definition for associative property of multiplication.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd