Smith and Roberson’s Business Law
Smith and Roberson’s Business Law
17th Edition
ISBN: 9781337094757
Author: Richard A. Mann, Barry S. Roberts
Publisher: Cengage Learning
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Chapter 11, Problem 11CP
Summary Introduction

Case summary:

Person G, an school teacher entered in to an agreement to buy a tavern from person M. After signing of the contract person G and M encountered with an assessor from the Oregon Liquor Control Commission (OLCC)to discuss liquor license. The OLCC approved the license and person G took possession on 10th June. Actually, the income of the tavern was very low and tavern has very few female patrons.

To discuss: Whether the court of law grant person G for agreement recession.

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