Berry-Jefferson Corp. v. Gross

The buyers of a college brought a suit alleging: (1) mutual mistake; (2) oral representations; (3) fraud, misrepresentation, deceit, and concealment; and (4) unjust enrichment. The trial court rendered a judgment in favor of the sellers. 1 The buyer’s 2 appeal from this judgment is limited to the issue of mutual mistake. 3 After reviewing the record, we conclude that the judgment of the trial court should be affirmed.

I

Evidence

Buyers approached sellers in October of 1964, concerning the purchase of International Business College, Inc. Various meetings and negotiations followed, culminating in…