Legal Question in Business Law in New Jersey

I sell insurance leads through lead brokers, and one of the brokers had a buyer that wanted more of my leads. I told them I'd be interested if he was willing to pay $x. They confirmed the buyer's interest in that price through a phone call, and then they gave me a contract to sign. The idea was that after I signed that, I'd be given the buyer's contact information, but I'd be obligated to do the deal exclusively through that broker.

I told the broker to put the buyer's price and interest in writing with a guarantee of that price, that I wouldn't sign anything without that. They kept delaying, so I gave them an ultimatum, which they failed to meet. I walked away at that point.

I never actually lost or gained any money as a result of this and I never signed the contract.

Do I have any sort of misrepresentation case against them? Or you can't sue for money you *might* have lost? It's sort of obvious they did misrepresent the buyer intentionally, but does the fact nothing was signed and no money was lost mean there's no case?


Asked on 9/11/09, 4:48 am

1 Answer from Attorneys

Robert Davies The Davies Law Firm, P.A.

Sorry, but your question is not very clear.

As a general rule, if you want to sue for breach of contract, you must first have a contract, an agreement with the other person which that other person breached.

As to suing for trickery and deceit, that is a different issue.

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Answered on 9/16/09, 11:08 am


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