Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A person who misleads himself by, for example, doing his own property inspection, has the following remedies available to him under the law of misrepresentation

A person who misleads himself by, for example, doing his own property inspection, has the following remedies available to him under the law of misrepresentation (choose the correct answer reading each choice separately):

a.He has no remedies available.

b.He can obtain rescission only of the contract.

c.He can obtain tort damages if the other side made an innocent misrepresentation.

d.He can obtain both rescission and damages, but only if he has an honest belief at the time he entered into the contract.

e.He can obtain damages only, but the amount will be reduced to the extent that he voluntarily assumed the risk by doing his own property inspection.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Law and the Legal Environment

Authors: Jeffrey F. Beatty, Susan S. Samuelson, Patricia Sanchez Abril

8th edition

1337404667, 1337404662, 9781337404532, 1337404535, 978-1337736954

More Books

Students also viewed these Law questions

Question

The background knowledge of the interpreter

Answered: 1 week ago