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Q: Brandt Crossing Investments, Inc., was a household-owned house financial investment organization, investing in undeveloped Houses when price ranges have been low after which providing them when costs went up. Among its holdings, Brandt Crossing owned fifty acres of undeveloped land following to another fifty acres of undeveloped land owned by Khloe Hadid. Carter Rios, assets manager for Brandt Crossing, approached Hadid and made available to acquire her fifty acres ?for Brandt.? Hadid marketed the assets for $50,000. Within one year, Brandt Crossing bought its a hundred acres,?such as the property acquired from Hadid, to the developer for $1,000,000. Richard Brandt, a five% owner of Brandt Crossing Investments and an old highschool acquaintance of Hadid, observed her in the view publisher site mall and informed her from the modern sale. Furious that she had dropped out over the money and certain that Rios experienced misled her, Hadid sued Richard Brandt for the functions of his agent, Rios.
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