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Contracts Keyed to Whaley
Hoffman v. Red Owl Stores
Citation:Supreme Court of Wisconsin, 1965. 26 Wis. 2d 683, 133 N.W.2d 267.
ProfessorMelissa A. Hale
CaseCast™ – "What you need to know"
Joseph Hoffman and his wife (Plaintiff) engaged in discussions with a Red Owl Stores’ (Defendant) representative regarding opening their own Red Owl store franchise location. The parties agreed that defendant would build a store and stock it with merchandise for plaintiff to operate. After plaintiff began the process of relocating to operate this new location, defendant informed him that a greater financial investment than initially discussed was required. Instead of the $18,000 originally required, the final proposal required plaintiff to invest nearly $34,000 of his own funds into the project. Plaintiff could not afford this investment, so negotiations ceased.
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