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Sly offered May a watch for $100 and falsely represented that it was studded with diamonds, which would make its retail value $650. In reliance
Sly offered May a watch for $100 and falsely represented that it was studded with diamonds, which would make its retail value $650. In reliance on Slys statement, May paid $200 for the watch. She later learned that its stones were fake and its retail value was only $100. In a tort action for fraud, what will be the measure of damages under the benefit of the bargain rule? a. $450. b. $100. c. $550. d. $650
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