This is a business law questionIdentify whether the following statements could result in actionable fraud and why or why not.a$.$ A statement by an art dealer to a potential buyer. I think this painting is underpriced because the artist is now gaining national recognition.b$.$ A vacuum cleaner salespersons statement, This machine is the best available for the cost.c$.$ A city councilmans statement to a fellow councilman that, If we vote for that action, the resulting consolidation will be illegal.