Salvatore and Carolyn Conducted Lengthy Negotiations That Led to Her

True/False

Salvatore and Carolyn conducted lengthy negotiations that led to her purchase of his business.At the start of those negotiations,Salvatore made a number of statements regarding the business's profitability.Those statements were accurate when they were made.However,before the sale was finalized,the facts changed such that the earlier statements were no longer true.Salvatore knew of that change,but he intentionally did not provide Carolyn with the updated truthful information and allowed Carolyn to think that the previous,now untrue information,was the true information.Consequently,he may be held liable to her under the tort of deceit.