Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Sam is an ordinary person trying to sell his standard car. A potential buyer asks how many more years the car will last. Sam says

Sam is an ordinary person trying to sell his standard car. A potential buyer asks how many more years the car will last. Sam says probably 75. The buyer buys the car, and the car dies after five years. The buyer files suit against Sam alleging fraudulent misrepresentation. Will the buyer be successful?

Yes because the buyer was harmed.

No because the statement was an opinion.

Yes because Sam knows his car the best.

No because the statement was a misrepresentation of law.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Financial Accounting Version 3.1

Authors: Joe Ben Hoyle, C.J. Skender, Leah Kratz

1st Edition

1453339442, 9781453339442

More Books

Students also viewed these Accounting questions