Asked by
Christin Varghese
on Nov 27, 2024
Verified
In selling a vacant building, Riley, a real estate broker, tells Saki that the property has a certain capacity, making it suitable for a nightclub. Riley knows nothing about the capacity of the building, but it is not as he specifies. Saki buys the building. Saki's best course of action is most likely to
A) scam Riley.
B) induce Riley to remit to Saki the commission on Riley's next sale.
C) recover damages or rescind the contract to buy the building.
D) sabotage Riley's career with bad publicity.
Vacant Building
A structure that is currently unoccupied and not in use, often due to abandonment or awaiting a new tenant or owner.
Induce
The act of leading or moving by persuasion or influence, often in the context of causing someone to take a certain action or form a certain belief.
Rescind
To revoke, cancel, or repeal a law, order, or agreement.
- Familiarize oneself with the idea of deceitful misrepresentation in contract law.
- Assess the legal remedies available for victims of fraudulent misrepresentations, undue influence, and duress.
Verified Answer
SH
Learning Objectives
- Familiarize oneself with the idea of deceitful misrepresentation in contract law.
- Assess the legal remedies available for victims of fraudulent misrepresentations, undue influence, and duress.