Question
1. Pam, who was the executrix of her aunt's estate, sold Angela a golf cart that had belonged to her deceased aunt. Pam told Angela
1. Pam, who was the executrix of her aunt's estate, sold Angela a golf cart that had belonged to her deceased aunt. Pam told Angela that she thought the cart was about three years old. When getting some new parts for the cart, Angela learned that the cart was in fact seven years old. Can Angela rescind the contract?
Select one:
a. Yes, based on negligent misrepresentation.
b. Yes, based on fraud.
c. Yes, based on promissory estoppel.
d. Yes, based on innocent misrepresentation.
2. Ben, who is a partner in an accounting firm organized as a general partnership, is being sued for malpractice by a client. If the jury finds for the client, which of the following parties will have liability for the judgment?
Select one:
a. The accounting firm
b. Ben and the accounting firm
c. Ben
d. Ben, the accounting firm, and all the other partners of the firm
314. Which of the following is false?
Select one:
a. For promissory estoppel to be granted as a remedy, the promisor must have known or expected that the promisee would rely on the promise.
b. Another term for promissory estoppel is detrimental reliance.
c. Promissory estoppel is the contract doctrine that requires that accords be in writing.
d. Promissory estoppel is based in equity.
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