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1. All of the plaintiffs' claims are dismissed.
2. The costs of lawsuit are assessed against the plaintiffs.
Reasons
1. Basic facts
A. The Plaintiffs and Defendant C are the motives for the EP manager course established at the Busan University management graduate school in 2001.
B. The Plaintiffs heard from Defendant C about 150,843 square meters of F forest 150,843 square meters of forest land (hereinafter “instant real estate”) worth investment, and decided to purchase some of the instant real estate shares from Defendant D, the owner of the instant real estate.
C. On August 1, 2006, Plaintiff A purchased 402,00,000 won (=6,700 square meters (22150 square meters converted into usual) x 60,000 won) which is the purchase price calculated as KRW 60,000 per square day from Defendant D’s share of 22150/150843 of the instant real estate from Defendant D, and thereafter paid the said purchase price in its own name.
Plaintiff
B on July 27, 2006, purchased 205,080,000 won [205,000 square meters [3,4130 square meters (hereinafter referred to as “the instant sales contract”) x 60,000 won], which is the purchase price calculated as KRW 60,00 per square meter, from Defendant D’s share of 1130/150843 of the instant real estate (hereinafter referred to as “instant sales contract”), and paid all the sales price thereafter.
[Reasons for Recognition] Facts without dispute, Gap 1, 2 (including virtual number), and 3, the purport of the whole pleadings
2. The plaintiffs' assertion
A. Defendant C recommended the Plaintiffs to make an investment in the instant real estate, and, accordingly, the price of the instant real estate is clear to be created as an industrial complex, and accordingly, the market price of the instant real estate which causes KRW 60,000 per square meter within three months. Upon the purchase of the instant real estate, Defendant C would sell KRW 300,000 per square meter within three months from the date of purchase. If the purchase of the instant real estate within three months was made within three months, Defendant C would have sold the instant real estate at KRW 300,000 per square meter (hereinafter referred to as the “instant agreement”). The Plaintiffs would return the paid purchase price and would have not entered into a contract (hereinafter referred to as the “instant agreement”).