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Business False Documents
Bought a business on an owners contract and the business is not making the money or close to that she had on expeditures sheets. Can I get my deposit and expenses that I paid out or can not pay for last months expenses because i did no business?
Asked on June 8, 2009 under Business Law, Washington
Answers:
B. B., Member, New Jersey Bar / FreeAdvice Contributing Attorney
Answered 15 years ago | Contributor
Before you do anything else, get the contract and all the facts (including, especially, anyehing in writing that the seller gave you before the contract) to an attorney in your area. One place you can find a qualified lawyer is our website, http://attorneypages.com
It may be that the seller committed fraud, which is defined as a knowing misstatement (lie) about something that matters, where the lie was meant for you to rely on it, and you did, and because of that you've been harmed. If you can prove that, the law in most states will often allow you to undo the contract and get your money back.
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