Question
On October 1, 2011, Ralph purchased a single family home in Highland park, Illinois for the price of $450,000.00. During the negotiation for said sale,
On October 1, 2011, Ralph purchased a single family home in Highland park, Illinois for the price of $450,000.00. During the negotiation for said sale, Stanley the seller, represented to Ralph that said home was constructed of fire proof materials and additionally was flood proof. On November 15, 2011 at 2 a.m. a fire broke out in the residence's kitchen, spreading throughout the first level. The fire was finally extinguished after waters from a nearby stream which overflowed its banks during a rain storm flooded the entire home. What remedied would Ralph have against Stanley the seller? Under what theory? Explain in detail.
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