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Barbara, an Antique Dealer, Intentionally Misrepresents the Value of an Antique

Question 66

Multiple Choice

Barbara, an antique dealer, intentionally misrepresents the value of an antique chest of drawers, as $6,000 when she has reason to know the value is considerably less.Margaret agrees to buy it for $5,500.It is worth $2,500.In a state that uses the "out-of-pocket" rule, Margaret's damage award would be:


A) $3,000.
B) $3,500.
C) $2,500.
D) $500.

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