In July 1983, plaintiff purchased a gas station from defendant for the sum of $46,500. He alleges that as an inducement to the purchase, defendant represented that the gas station sold between 30,000 and 40,000 gallons of gasoline per month, and that the station's three gas tanks had been replaced within a few months of the sale. Within days of the purchase, plaintiff discovered that the tanks were losing gas and taking in water. He subsequently...
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