Multiple Choice
Joe buys a trailer from a used-car dealership. On enquiry, the dealer tells him that the trailer is in great condition. However, three days later, the trailer breaks down. Investigation by Joe reveals that the trailer had seven previous owners and that the engine has been replaced thrice. An automobile expert tells Joe that the trailer is dangerous. Which of the following frauds would the dealer be liable for?
A) fraud in the factum
B) fraud in the inducement
C) fraud by concealment
D) misrepresentation of law
Correct Answer:
Verified
Correct Answer:
Verified
Q25: Does threatening a lawsuit unless someone signs
Q26: Innocent misrepresentation is treated as a unilateral
Q27: Explain the three kinds of mistakes that
Q28: Jeffrey became a victim of fraud when
Q29: If there has been a mutual mistake
Q31: Harry finds an old stereo in his
Q32: When Stella Finman found out that she
Q33: _ is a mistake made by both
Q34: Assent of a party to a contract
Q35: Explain undue influence with an example.