Offer in compromise | Internal Revenue Service
Offer in compromise | Internal Revenue Service
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SOLVED: A and B entered into a contract of compromise. In the contract, there is a stipulation wherein the parties ceded a house and lot to x. Upon the signing of the contract, X entered into the possession of the property. Ten years later, after the death A B. Theirs heirs revoked the beneficial stipulation subsequently, they brought an action against X for the recovery of the property. Will the action prosper?
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