Asked by Sydney Vanpelt on Jun 27, 2024
Verified
Denis sells a motorcycle to Elton without disclosing that the odometer, which reads 10,000 miles, was disconnected 100,000 miles ago. Denis is most likely liable for
A) fraudulent misrepresentation.
B) none of the choices.
C) mistake.
D) puffery.
Fraudulent Misrepresentation
A false statement of fact made knowingly, or without belief in its truth, or recklessly, intended to induce another party to enter into a contract.
Odometer
An instrument in a vehicle that measures the distance it has traveled.
- Acquire knowledge on the idea and legal repercussions of misrepresentation in the field of contract law.
- Gain insight into the legal standards and requirements for substantiating fraud and fraudulent misrepresentation.
Verified Answer
LL
Lesia LysneJun 28, 2024
Final Answer :
A
Explanation :
Denis is likely liable for fraudulent misrepresentation because he sold the motorcycle to Elton without disclosing that the odometer had been disconnected 100,000 miles ago, which is a deliberate omission of a material fact that misled Elton about the motorcycle's true mileage.
Learning Objectives
- Acquire knowledge on the idea and legal repercussions of misrepresentation in the field of contract law.
- Gain insight into the legal standards and requirements for substantiating fraud and fraudulent misrepresentation.