Which of the following is most likely to constitute a misstatement that can give rise to fraud or misrepresentation liability?
A)A broker says to his client,"I think that this car's engine has been overhauled."
B)A customer sales representative of the most popular brand of car says to the customer,"This is the highest selling car in town."
C)An owner of a house gets his ceiling painted to conceal a leaking roof and says,"I got the ceiling painted recently."
D)The owner of an unencumbered horse states,"I am selling the horse to raise funds for my ranch."

Question

Quizplus · Accepted Answer

Voluntarily hiding a fact,or concealment,can amount to a case of misrepresentation or fraud.In this case,the owner deliberately held information back by not mentioning the leaking roof,and therefore liable for a case of misrepresentation or fraud.

Which of the Following Is Most Likely to Constitute a Misstatement