BUS107 Commercial Law T1 2018 Assignment A 1,000 10 word...

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BUS107 Commercial Law T1 2018 Assignment A 1,000 (+- 10%) word assignment on a problem question to be submitted electronically via Turnitin. Assignment Question Peter is a real estate developer. He develops residential apartment complexes in the Wollongong local area. He purchases a large block of land for $2 million and plans to build a large apartment complex on the block at a considerable profit. But Wollongong Council denies his development application on the basis of a road widening proposal that will substantially reduce the size of the block. This road widening proposal reduces the value of the block of Peter’s land to $1 million. Peter reads the council certificate he obtained from Wollongong Council before he purchased the block of land. If the block of land had been subject to a road widening proposal then it should have
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  • Spring '19
  • Wollongong Council, large block of land, value of the block of Peter

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