Asked by Kymberly Corley on Jul 15, 2024
Verified
Ked, a real estate agent, assures Lida that a certain parcel of commercial property fronts on the most highly trafficked street in Metro City. Lida buys the property and then discovers that the street has no more traffic than any other in its vicinity. Lida may recover damages for
A) the city's undue influence.
B) the agent's fraudulent misrepresentation.
C) the buyer's mistake.
D) none of the choices.
Fraudulent Misrepresentation
The act of intentionally deceiving another party with false information to induce them into a contract.
- Gain insight into the notion and legal outcomes of misrepresentation in the domain of contract law.
- Absorb the legal definitions and mandates necessary for establishing evidence of fraud and fraudulent misrepresentation.
Verified Answer
HJ
Hobo jo Hobo tomJul 18, 2024
Final Answer :
B
Explanation :
Lida may recover damages for the agent's fraudulent misrepresentation because Ked, the real estate agent, made a false statement about the property's location on the most highly trafficked street, which influenced Lida's decision to purchase.
Learning Objectives
- Gain insight into the notion and legal outcomes of misrepresentation in the domain of contract law.
- Absorb the legal definitions and mandates necessary for establishing evidence of fraud and fraudulent misrepresentation.
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