Albert has agreed to sell his car to Larry for $14 000.00.Albert told Larry that the car had never been in an accident,was in good condition,and drove like a dream.Albert knew that this was untrue,but wanted to get as much money as he could for the car.In fact,the car had been in two accidents,had substantial frame damage,and could not be driven safely on the road.Assume that Harry had no way of checking on the condition of the car and that the principle of caveat emptor does not apply.In this situation,Albert's statement about the car is
A)a negligent misrepresentation.
B)an innocent misrepresentation.
C)a fraudulent misrepresentation.
D)a mere invitation to treat.
E)none of the above

Question

Quizplus · Accepted Answer

Albert made a deliberate false statement about the car's condition to deceive and induce Larry into buying the car. This act of deception is fraudulent misrepresentation.

Albert Has Agreed to Sell His Car to Larry for $14