Peter is an elderly man who owns a hardware store.Sue to his failing health, he can no
Fantastic news! We've Found the answer you've been seeking!
Question:
Peter is an elderly man who owns a hardware store.Sue to his failing health, he can no longer run the business.He wants to sell it to his nephew Johnathan, who helps out in the store, johnathan cannot afford to buy the business outright, so a contract is agreed upon whereby the business will be transferred to Jonathan. In exchange Peter will be kept as a consultant for the rest of his life and Johnathan will pay Peter a monthly sum. the contract also states that when Peter dies, Johnathan's will continue to pay the monthly sum to peter's widow, Lesia. Johnathan pays the monthly sum to Peter while he is alive but after peter's death he refuses to pay the sum to Lesia. Can Lesia enforce this contract. why or why not.
Related Book For
Posted Date: