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Q: Brandt Crossing Investments, Inc., was a household-owned property investment Firm, purchasing undeveloped Homes when costs were being reduced and after that offering them when rates went up. Among the its holdings, Brandt Crossing owned fifty acres of undeveloped land upcoming to a different fifty acres of undeveloped land owned by Khloe Hadid. Carter Rios, home supervisor for Brandt Crossing, approached Hadid and provided to get her fifty acres ?for Brandt.? Hadid sold the house for $50,000. Within just one calendar year, Brandt Crossing marketed its a hundred acres,?such as the house purchased from Hadid, to a developer for $one,000,000. Richard Brandt, a 5% operator of Brandt Crossing Investments and an outdated high school acquaintance of Hadid, saw her on the mall and advised her of your the latest sale. Furious that she experienced missing out around the money and convinced that Rios experienced misled her, Hadid sued Richard Brandt with the functions of his agent, Rios.
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