Alex would like to buy Kevins empty piece of land and build a movie theatre on it,
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Alex would like to buy Kevins empty piece of land and build a movie theatre on it, but the citys zoning law will not permit such a business in that location. Alex signs a contract to buy Kevins empty lot, provided that within 100 days the city re-zones the area to permit a movie theatre. If the city fails to rezone the area by day 100, (but does it on day 109) does Alex have to buy the land? Explain.
Related Book For
Operations and Supply Chain Management
ISBN: 978-0078024023
14th edition
Authors: F. Robert Jacobs, Richard Chase
Posted Date: