Considering misrepresentation, mistakeand duress which can invalidate a contract.:-

Question:

Two months ago, Samikah bought a small bakery for 1 million. The vendor of the bakery, Bill, told Samikah that the average monthly turnover was about 100,000. Bill offered to show Samikah the business records, which he claimed would have proved that his statement about the turnover was true. Samikah declined this offer, saying that she trusted Bill. The written contract of sale made no mention of the business turnover. Since Samikah bought the business, the turnover has been only 30,000 a month. Samikah has now discovered that the monthly turnover of the business has never exceeded 45,000.

Advise Samikah of her legal position.