Roberts Communications owns a television station. Brodkin Davis, a law firm, wants to advertise on the station. The manager of the station calls his bank and asks them to do a credit check on the law firm. The bank writes back saying that the firm has an excellent rating. Unfortunately, the bank confused Brodkin Davis with Brodkin Davey. The latter firm has excellent credit; the former firm has just been formed and has no credit. They are unable to pay for the expensive advertising Roberts agrees to provide, so Roberts sues the bank. What is the result?
A) Roberts may rescind its contract with the bank.
B) Roberts may obtain damages from the bank.
C) Roberts may both rescind its contract with the bank and obtain damages from it.
D) Roberts has no claim against the bank.
E) Roberts may rescind its contract with the bank and obtain damages from Brodkin Davis.
Correct Answer:
Verified
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