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Teach Inc Sold a Computer Consulting Business to Blackbeard Corp

Question 8

Multiple Choice

Teach Inc sold a computer consulting business to Blackbeard Corp. Blackbeard was persuaded to enter into that sale contract by documents that Teach had produced that suggested that Blackbeard would enjoy a profit of $1 000 000. In fact, as Teach knew, the business was really worth far less. As a result of purchasing the business, Blackbeard has actually suffered a total loss of $400 000. Blackbeard has successfully sued Teach in both tort and contract. Though it may also be entitled to other relief, Blackbeard is entitled to damages of


A) $400 000 in contract.
B) $400 000 in tort.
C) $600 000 in tort.
D) $600 000 in contract.
E) $1 000 000 in tort.

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