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3. Identify whether the following statements could result in actionable fraud and why or why not. a. A statement by an art dealer to a

3. Identify whether the following statements could result in actionable fraud and why or why not.

a. A statement by an art dealer to a potential buyer."I think this painting is underpriced because the artist is now gaining national recognition."

b. A vacuum cleaner salesperson's statement, "This machine is the best available for the cost."

c. A city councilman's statement to a fellow councilman that, "If we vote for that action, the resulting consolidation will be illegal."

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