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Madison lists a purse for sale on the Internet, NOT KNOWING it is a replica of a designer bag. It looks just like the designer
Madison lists a purse for sale on the Internet, NOT KNOWING it is a replica of a designer bag. It looks just like the designer bag, the description claims that it is 100% authentic, and the price is 10% less than what the bag sells for in retail stores. Anil purchases the bag and shows it to a friend, who works at the retail store that supposedly, sells the bag. Anil's friend lets him know that it is fake. Which of the following concepts best describes the situation
Select one:
a.Fraud
b.Unilateral mistake
c.Common mistake
d.None of the above
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