Red Owl Stores strongly suggested to the Hoffmans that they…
Red Owl Stores strongly suggested to the Hoffmans that they give up their current business for the promise of a future Red Owl Stores franchise. Although no franchise contract was ever signed, the Hoffmans terminated their present business and incurred other significant expenses in reasonable anticipation of getting a Red Owl franchise. Ultimately, however, the negotiations broke down and Red Owl repudiated its promise of a future franchise. The Hoffmans brought a lawsuit in hopes of recovering their expenses. The best theory (most likely successful) that the Hoffmans could use is:
Read Details