While measuring economic injury,the measure of damages recovered from a misrepresentation is ________.
A) the actual value of the property
B) the represented value of the property
C) the difference between the value of the property as represented and the actual value of the property
D) twice the actual value of the property which includes punitive damages

Question

Quizplus · Accepted Answer

The measure of damages recovered from a misrepresentation is the difference between the value of the property as represented and the actual value of the property. This is because the misrepresentation caused the buyer to pay more than the actual value of the property. Therefore, the buyer is entitled to be compensated for the difference. Option A is incorrect because it only considers the actual value of the property, which does not take into account the harm caused by the misrepresentation. Option B is also incorrect because it assumes that the represented value is the correct value, which is not necessarily the case. Option D is incorrect because it includes punitive damages, which are not always awarded in cases of misrepresentation.

While Measuring Economic Injury,the Measure of Damages Recovered from a Misrepresentation