In selling a vacant building, Riley, a real estate broker, tells Saki that the property has a certain capacity, making it suitable for a nightclub. Riley knows nothing about the capacity of the building, but it is not as he specifies. Saki buys the building. Saki's best course of action is most likely to

Question

Quizplus · Accepted Answer

Riley made a false statement about the property's capacity, which Saki relied on to make the purchase. Saki can seek legal remedies such as recovering damages for the misrepresentation or rescinding the contract to undo the transaction.

In Selling a Vacant Building, Riley, a Real Estate Broker