Plz solve these true or false questions
1 1. Car seller Sleazy Sam rolls back the odometers on cars he sells, resulting it in appearing that the cars have fewer miles on them than is actually the case. Betty Buyer is interested in purchasing one of Sam's cars, so he shows it to her. He never tells her he has rolled back the odometers-she never asked. Under these circumstances, if she buys the car from Sam, the contract is void. _ 2. Ace Car Lot agrees to sell Buyer Bert the yellow Camaro automobile on its lot and promises to have the car ready for Bert to pick up on Saturday. On Friday night, however/a truck veers off the nearby highway and smashes into the car, destroying it beyond repair. Under these circumstances Ace's performance is excused. L 3. Dan intends to sell his motor home for $32,000, which is book value. When he learns that Betty is interested in buying a used motor home, Dan faxes Betty an offer to sell the vehicle to her. When typing the fax, however, Dan mistakenly keys in the price of $30,000. Betty immediately sends Dan a fax accepting Dan's offer. Under these circumstances Dan is legally obligated to sell the motor home to Betty for $30,000. 1 4. If Jerry and Carol decide to rescind an existing contract, they will essentially return to the positions they occupied prior to the formation of the contract. 5. For a party to rescind a contract because of fraud, s/he must prove that s/he acted reasonably in relying on the other party's misrepresentation. 6. Andy has a contract to sell his car to Alice for $400. When the day for performance arrives, Alice calls Andy and says she has changed her mind and doesn't want the car, after all. The concept of mitigation requires that Andy try and sell his car to someone else: and if that party pays Andy less than Alice would have, Andy can successfully sue Alice for $400. BE SURE TO TURN THIS PAGE OVER FOR MORE FUN, EXCITING QUESTIONS ON THE BACK