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Business, 20.07.2020 01:01 unicornsflyhigh

Joe sells his business to Shirley. During the negotiations, Joe negligently tells Shirley that the business has earned a profit for the last five years. In reality, the business operated at a loss for each of those years. However, Shirley did not hear Joe's misstatement. Shirley cannot rescind the contract because:

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Joe sells his business to Shirley. During the negotiations, Joe negligently tells Shirley that the b...
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