Question: e. Does it matter that this case involves two business owners instead of two individuals? Why or why not? Question #34 Voidable Contract- Gallagher Restaurant

e. Does it matter that this case involves two
e. Does it matter that this case involves two
e. Does it matter that this case involves two business owners instead of two individuals? Why or why not? Question #34 Voidable Contract- Gallagher Restaurant Supply Gallagher Restaurant Supply was in the business of leasing equipment to small restaurants. Quezada, the operator of a small diner, leased a coffeemaker from Gallagher. It was only after the contract has been signed that Quezada learned that similar lease agreements with other restaurants were far less costly. Also, the agreement between the parties provided for an accelerated payment of the entire balance if Quezada failed to perform any condition of the lease, "no matter how trivial the condition may be." In addition, Gallagher would be entitled to take back the coffeemaker and collect a 20 percent penalty

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!