Ask Question
BusinessBusiness
9 September, 02:46

Fun Foods fraudulently induces Holly to buy a household products franchise by grossly misstating the average revenues of its franchisees. She discovers the misrepresentation after she resold some products that she received but before she has paid Fun Foods for the products. Holly wants to cancel the franchise contract on the basis of fraud. What is the remedy available to her?

+4
Answers (1)
  1. 9 September, 02:47
    0
    Quasi Contract

    Explanation:

    A quasi contract is a two-party retroactive agreement that has no prior commitments to each other. A judge creates it to correct a situation where one party at the expense of the other obtains something.

    The agreement is intended to prevent one party from taking undue advantage of the situation at the expense of the other party.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Fun Foods fraudulently induces Holly to buy a household products franchise by grossly misstating the average revenues of its franchisees. ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
The transactions completed by Franklin Company during January, its first month of operations, are listed below. Assume that Franklin Company uses the following journals: cash receipts (CR), cash payments (CP.
Answers (1)
Anna owns Home Antiques, whose value is $160,000 today assuming normal growth. However, Anna believes the value will grow at 16% per year for the next three years.
Answers (1)
Karen has an $80,825 basis in her 50 percent partnership interest in the KD Partnership before receiving a current distribution of $7,575 cash and land with a fair market value of $40,850 and a basis to the partnership of $21,150. a.
Answers (1)
List four people you know who would be good references to include on a job application. What is their relationship to you? Explain why you have selected them.
Answers (1)
In the Reaching Beyond our Borders box titled, "Ethical Culture Clash", the story proves that a large multi-national company such as Motorola can ask its employees, and should expect them to follow the same ethical standards they would practice if
Answers (1)
New Questions in Business
While visiting a coffee shop, you see a poster advertising a concert for a music group you'd love to see. You notice there's an NFC tag at the bottom with additional information about the concert.
Answers (1)
What determines if a buyer is satisfied or dissatisfied with a purchase? A. The number of alternatives considered in the purchase decision B. How others feel about the purchase C.
Answers (1)
Mayer Life Systems, a manufacturer of surgical and medical appliances, invented and patented a new dialysis machine that radically reduced maintenance and operational issues.
Answers (2)
In order to open a car wash, Aamina decides to obtain funds through debt financing. which if the following ways can she pursue this? A. by adding partners b. though stocks c. by waiting to open the business until she has saved enough cash d.
Answers (2)
ShadyPalms Hotel has 100 rooms. During the month of February, it had 500 guests, each staying 5 nights. The occupancy rate for ShadyPalms Hotel for the month of February (not a leap year) was closest to a. 80% b. 90% c. 120% d. 70%
Answers (1)
Home » Business » Fun Foods fraudulently induces Holly to buy a household products franchise by grossly misstating the average revenues of its franchisees.
Sign Up Forgot Password?