Buying a business

[Kidders71]

A friend of mine bought a business and had it for weeks but then gave it back because he could not afford to pay. He gave the real owner �50 compensation, the business was worth �350. He did not earn anything from this and was doing it as favor. There were emails exchanged but nothing on contract. Will he be liable for full amount?

[kujawski]

did he try the buy the Bank of Scotland?