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Q: Brandt Crossing Investments, Inc., was a family-owned assets financial commitment Business, purchasing undeveloped Qualities when selling prices have been lower and then selling them when prices went up. Amid its holdings, Brandt Crossing owned fifty acres of undeveloped land future to a different fifty acres of undeveloped land owned by Khloe Hadid. Carter Rios, residence manager for Brandt Crossing, approached Hadid and offered to get her fifty acres ?for Brandt.? Hadid sold the house for $50,000. Within a person yr, Brandt Crossing offered its a hundred acres,?including the house acquired from Hadid, to your developer for $1,000,000. Richard Brandt, a five% owner of Brandt Crossing Investments and an old highschool acquaintance of Hadid, noticed her with the shopping mall and instructed her in the recent sale. Furious that she had lost out about the money and convinced that Rios had misled her, Hadid sued Richard Brandt for the functions of his agent, Rios.

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