Joe Sold Harry His Barber Shop for $100,000

question 31

Essay

Joe sold Harry his barber shop for $100,000. He was paid $20,000 in cash, the other $80,000 to be paid by Harry giving Joe 20% of the profits of the business until the amount was paid off. Unfortunately, a customer, Sam, was injured by Harry, who managed to cut off Sam's right ear while giving him a shave. Sam sued both Harry and Joe. Explain his likelihood of success.

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