Solved

In Nicolaou V

Question 83

Essay

In Nicolaou v. Sobhani the parties had a contract for the purchase and sale of a lot. Before the completion date the purchaser alleged misrepresentation on the lot size and instructed their lawyer to ask for the return of the deposit. Was this an anticipatory breach that entitled the seller to keep the deposit? What risk reduction should parties consider in this situation?

Correct Answer:

verifed

Verified

The Court confirmed that anticipatory br...

View Answer

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions