Contract – Meeting of the Minds – For-Profit Paralegal School – Division of Profits – Partnership – Tort/Negligence – Negligent Misrepresentation ClaimLawyers Paralegal Training Programs, LLC v. Guilford College After plaintiffs brought the idea of a for-profit paralegal program to the defendant-college, the parties entered into a contract, pursuant to which the plaintiffs received compensation. Despite discussing the issue of a profit split, the parties never reached an agreement as to this issue. Since there was no meeting of the minds as to the sharing of profits, plaintiffs cannot show that the college breached any contract by failing to share profits from the program.
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Published: February 15, 2013
Time posted: 4:53 pm