In a negotiation, the provider B (director of a theater) keeps silent about a license on number of seats per show while the other party A mentions the expected profit from shows with full tickets sold. Then they sign a contract and not noting the point (the A lacks of experience in contract) .

Party A once finds out about the license before 1st show and still works with party B on 8/52 shows as the shows were advertised. Then A made a payment and since loss on audiences, party A finds another place to proceed the 9th shows onwards. Now it's the time party A wants to escape the contract with party B and seek compensations, extra damages as a punishment for keeping silent ab info. regarding the license.

1/ Is there a misleading and deceptive conduct and can party A escape the contract?Reason why and if there is any risk for party A

2/ If misleading and deceptive conduct is proven, what are the likely remedies for party A and punishments (if any) for party B. Refer to statutory remedies only.