Rishell Phonograph Co. v. Commissioner

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• seller did not share purchaser's assumption that the land could be successfully developed as an office park
• “The more fundamental inquiry is whether ‘the assumed possibility of a desired object to be attained by either party forms the basis on which both parties enter into it.” (emphasis added

Source: CourtListener parenthetical corpus (CC0).