Quimbee logo
DMCA.com Protection Status
From our private database of 17,600+ case briefs...

Spiess v. Brandt

Minnesota Supreme Court
41 N.W.2d 561 (Minn. 1950)


Lowell and Maurice Spiess (plaintiffs) agreed to buy Jameson’s Wilderness Resort from William and John Carlos Brandt (defendants) for $95,000. The Spiesses made an initial offer of $90,000 after their first conversation with the Brandts, during which William Brandt had indicated his expectation that the future prospects of the resort were good. During subsequent negotiations, the Brandts asked for $100,000 for the resort. The Spiesses asked how long it would take them to recoup that money and the Brandts responded that it would take about five years. The Brandts also stated that they made “good money” owning the resort. In actuality, the Brandts lost money each year they operated the resort. The parties eventually settled upon the sale price of $95,000. About six months after the purchase, the Spiesses brought suit for rescission of the contract on account of the Brandts’ fraudulent misrepresentation regarding the resort’s profitability. The trial court ruled in favor of the Spiesses and rescinded the contract. The Brandts appealed.

Rule of Law


Holding and Reasoning (Matson, J.)

Dissent (Peterson, J.)

Dissent (Gallagher, J.)

What to do next…

  1. Unlock this case brief with a free (no-commitment) trial membership of Quimbee.

    You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 457,000 law students since 2011. Some law schools—such as Yale, Vanderbilt, Berkeley, and the University of Illinois—even subscribe directly to Quimbee for all their law students. Read our student testimonials.

  2. Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.

    Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students. Read more about Quimbee.

Here's why 457,000 law students have relied on our case briefs:

  • Written by law professors and practitioners, not other law students. 17,600 briefs, keyed to 984 casebooks. Top-notch customer support.
  • The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
  • Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
  • Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.

Questions & Answers

Have a question about this case?

Sign up for a free 7-day trial and ask it

Sign up for a FREE 7-day trial