Fred agreed to sell his car to Rolando. The car had been in several accidents, but Fred did not tell Rolando about the accidents. When Rolando later found out about the accidents from someone else he called Fred and asked to return the car. Which of the following is true.

Group of answer choices

Fred must refund Rolando his money and take the car back.

Whether Fred must take back the car will depend upon how much damage was caused in the accidents.

Fred must refund Rolando his money under the federal Unfair Trade Practices Act.

Rolando can only get a refund if the price of the car exceeded $10,000.

None of the answers are correct.