Chapter 18, Problem 3BCP

Summary Introduction

Case summary: Person TP and person JN were two partners of a firm SI. JN offered to buy the shares of TP to which he agreed. Later, TP found that JN concealed the fact of the invention of a new product during negotiations and brought a suit against him on the grounds of fraud and other claims.

To find: Liability of SI in the above case.

Summary Introduction

Case summary: TP and JN were two partners of a firm SI. JN offered to buy the shares of TP to which he agreed. Later, TP found that JN concealed the fact of the invention of a new product during negotiations and brought a suit against him on the grounds of fraud and other claims.

To find: Liability of SI in the above case.