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Charlie operates a flower shop He agrees to sell his business to his sister Ali for

Charlie operates a flower shop. He agrees to sell his business to his sister Ali for $45,000. They both use their own solicitors to negotiate the terms of a formal written agreement. The agreement contains a restriction that Charlie cannot,in thefollowing two years, open another flower shop within 2 kilometres of the onehe has just sold to Ali.

 

Aftersix months, however, Charlie opens another flower shopjustone kilometre away. Ali wants to sue Charlie forabreach of contract but fears the agreement was not intended to be legally binding because they are siblings.

Feb 01 2020 Read more Less More

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