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Please solve all! Question 1 Bertrum owns a woman's clothing store. He sold to Keisha a blouse that he said was made from silk, an

Please solve all!

Question 1

Bertrum owns a woman's clothing store. He sold to Keisha a blouse that he said was made from silk, an expensive material, knowing that in fact it was made from rayon, a considerably less expensive material. The difference between the two materials is not readily apparent to the naked eye. If Keisha buys the blouse relying on Bertrum's representation that the blouse was silk but later discovers the truth, will Keisha be able to avoid the contract?

Question 1 options:

A) Yes, based on fraud.
B) Yes, based on innocent misrepresentation.
C) Yes, based on duress.
D) No

Question 2

Jeremy is opening a fast food restaurant. He hired Latasha as a consultant to advise him on the purchase of restaurant equipment. He made it clear to her that price was more important than quality. She advised him to purchase equipment from a company in which she had an interest without telling him that cheaper equipment could be purchased elsewhere. If Jeremy, relying on Latash'a expertise, buys the equipement she recommends, can Jeremy avoid the contract?

Question 2 options:

A) Yes, based on economic duress.
B) Yes, based on undue influence.
C) Yes, based on fraud.
D) No.

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Question 3

Carl, a stock broker, owns a beautiful bay front lot on Biscayne Bay. Carl sold the lot to Shamika by telling her that she could build a very profitable condominium development on it 10 stories high. Carl did not know that a local law prohibited building anything on the property higher than 2 stories. Which of the following is true?

Question 3 options:

A) Shameka could successfully sue Carl for fraud.
B) Shameka could successfully sue Carl for innocent misrepresentation.
C) Shameka has no recourse at law because misrepresentation of the law does not ordinarily entitle a party to relief from a contract.
D) Shameka can avoid the contract because of a mutual mistake.

Question 4

Dell is negotiating the sale of his his dairy farm to Alice. Dell told her it has been operated profitably for the last few years and presented her with appropriate financial records for review. Despite his comments, Dell knew the farm had been losing money over the last year and the records so indicated. Alice thoroughly reviewed the records but made an mathmatical error leading her to believe that Dell's statement about the farm being profitable was accurate. Relying on her interpretation of the financial records she agreed to purchase the facility. Which of the following is true?

Question 4 options:

A) A. Dell's statement is false and therefore a claim of fraud by Alice will be successful.
B) B. Because Alice made an independent investigation, she did not rely on Dell's statement in making the decision to buy. Therefore fraud does not apply.
C) c. This is an example of durress.
D) D. None of the above is true.

Question 5

Doug owns a vase that he is selling through Craig's list, which is an online service akin to EBay. Doug believes that the vase has little collector's value. He sold it for $200. He later learns that the market value is about $5,000. Can Doug avoid the contract?

Question 5 options:

A) No. This is the sort of mistake the law considers a bilateral one and does not constitute grounds to avoid the contract.
B) This mistake is the sort that relates to the value of an item rather than to the facts. This kind of mistake does not constitute grounds to avoid the contract.
C) This mistake is so great that a court will avoid the contract for fairness.
D) None of these answers is correct.

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