Paul bunyan is engaged in the lumbering and logging trade doing business ad bunyan logging a sole proprietorship. He purchases standing timber cuts it then brokers yhe sawn logs Bunyan approaches Ida knot a 96 year old widow who owns 100 acres of mature marketable timber He recently deceased husband haf handled all of their financial transactions during their 75 years marriage he tenders an offer of 2000 after several overturns and being overwhelmed by the pressure of negotiations knot accepts bunyan offer knot fully understands what she is doing however in fact the timber being translated has a value of 200,000. Bunyan knew this knot did not