Sam Agreed to Buy Property from Joe to Build a Store

question 96

Essay

Sam agreed to buy property from Joe to build a store of a certain design. Joe, the vendor, was aware of the design and knew that an easement across the back of the property would prevent such a building being erected, but said nothing. Sam purchased the property, later discovered the easement, and learned that Joe knew about it. He sued for misrepresentation. Discuss the likely outcome.

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Definitions:

Information Control

The management and regulation of information flow within an organization, focusing on optimizing access and protecting confidentiality.

Visibility

Visibility in the context of a business refers to how easily and clearly a company's actions, decisions, or products are seen and understood by its stakeholders.

Centrality

Describes the importance, prominence, or influence of a certain role or department within an organization, affecting how critical their operations are to the overall goals.

Networking

The act of building and maintaining professional relationships that can provide support, opportunities, and resources.