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Lawrence contracts with Arnold to sell Lawrence's classic automobile to Arnold for $40,000. Arnold pays a $10,000 down payment, and agrees to pay the $30,000

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Lawrence contracts with Arnold to sell Lawrence's classic automobile to Arnold for $40,000. Arnold pays a $10,000 down payment, and agrees to pay the $30,000 balance at the time he take possession of the car. However, Arnold learns, after paying the down payment to Lawrence, that the Lawrence falsely represented that he owned the car, when, in fact, Lawrence does not own the car. Assume Arnold is only interested in getting his $10,000 and having no further dealings with Lawrence or the car he offered to sell Arnold. Explain what you think the best argument is for Arnold, and be sure to include the legal theories and rules that justify your position

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