Cengage Advantage Books: Introduction to Business Law 4th Edition by Timothy Koch, Jeffrey Beatty, Jeffrey Beatty, Susan Samuelson, Susan Samuelson

Exercise 18

Tobias is selling a surrealist painting. He tells Maud that the picture is by the famous French artist Magritte, although in fact Tobias has no idea whether that is true or not. Tobias's statement is
(a) Bilateral mistake
(b) Unilateral mistake
(c) Fraud
(d) Innocent misrepresentation
(e) Legal, so long as he acted in good faith