Q: Brandt Crossing Investments, Inc., was a family-owned residence investment organization, buying undeveloped properties when prices were being low and after that offering them when price ranges went up. Between its holdings, Brandt Crossing owned fifty acres of undeveloped land future to a different fifty acres of undeveloped land owned by Khloe Hadid. Carter Rios, property manager for Brandt Crossing, approached Hadid and offered to purchase her fifty acres ?for Brandt.? Hadid marketed the assets for $50,000. Within a person yr, Brandt Crossing bought its 100 acres,?including the house acquired from Hadid, to some developer for $one,000,000. Richard Brandt, a five% operator of Brandt Crossing Investments and an previous high school acquaintance of Hadid, saw her for the shopping mall and told her of your latest sale. Furious that she had lost out on the earnings and convinced that Rios experienced misled her, Hadid sued Richard Brandt for that acts of his agent, Rios.

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