Question
Bobby wanted some extra cash so he removed the real diamond from his wifes wedding ring, replaced it with a high quality fake diamond, and
Bobby wanted some extra cash so he removed the real diamond from his wifes wedding ring, replaced it with a high quality fake diamond, and posted the ring for sale on EBay. He received an offer and sold the ring to Steve. Steve took the ring to be appraised and found out that Bobby had tricked him. What might the judge do with respect to damages?
Impose punitive damages on Bobby for knowingly selling a fake diamond.A nominal fee would be imposed because fake diamonds are worthless.A judge would use caveat emptor or the buyer beware doctrine.Online commerce is not considered a contractual arrangement.
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