Case summary: Construction company BH visited a hotel of company HIF in city T to estimate the cost of the renovation of the hotel. Company HIF offered company BH to renovate the hotel which will require ten years to recover the cost. Construction company BH bought the hotel, renovated it and operated it as a hotel HAI. Person GA, who was the executive of the company HIF decided to franchise to another local hotel. HIF asked major renovations to be done by hotel HAI that spent
To find : The purpose of punitive damages.
Case summary: Construction company BH visited a hotel of company HIF in city T to estimate the cost of renovation of the hotel. Company HIF offered company BH to renovate the hotel which will require ten years to recover the cost. Construction company BH bought the hotel, renovated it and operated it as a hotel HAI. GA who was the executive of HIF decided to franchise to another local hotel. HIF asked major renovations to be done by hotel HAI that spent
To find : The conduct of company HIF to warrant punitive award.
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The Legal Environment of Business: Text and Cases (MindTap Course List)
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