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Greg Purchased a Used Car from Knutson's Auto Mart for $12,000.As

Question 29

Multiple Choice
Greg purchased a used car from Knutson's Auto Mart for $12,000.As Greg was writing the check,Knutson told Greg that the car was featured in a Clint Eastwood's movie.Greg later found out that the car had not appeared in the movie.If Greg seeks to rescind the deal based on Knutson's statement,Greg will:

Greg purchased a used car from Knutson's Auto Mart for $12,000.As Greg was writing the check,Knutson told Greg that the car was featured in a Clint Eastwood's movie.Greg later found out that the car had not appeared in the movie.If Greg seeks to rescind the deal based on Knutson's statement,Greg will:


A) win because Knutson's statement was fraudulent.
B) win because there was a misrepresentation of a material fact.
C) lose because he will not be able to prove reliance on the misrepresentation.
D) lose because Knutson's statement was innocent.

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