Asked by Gywneth Castro on May 12, 2024
Verified
Sue wanted to purchase a car.She went to "Honest Bob's" used car sales.She was interested in a classic 1956 Jaguar XK 140 Roadster.Bob told her "this is a great car-it runs like a dream,it is a sweet ride." Bob's statements are legally considered to be:
A) opinion statements.
B) material representations.
C) innocent misrepresentations.
D) fraudulent,if they are false.
Opinion Statements
Expressions that communicate personal beliefs, views, or evaluations, rather than objective facts.
Material Representations
Statements or assertions of fact that significantly influence the decision-making of another party in a legal agreement.
Innocent Misrepresentations
False statements made without fault regarding a material fact that induce someone into a contract.
- Differentiate between opinion statements and material representations in the context of fraud and deceit.
Verified Answer
Learning Objectives
- Differentiate between opinion statements and material representations in the context of fraud and deceit.
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