An investor named Orson was trying to decide between entering the futures markets and creating a forward contract.His broker said, "I think I might have found a great opportunity for you, Orson.If events play out as I hope, this forward contract will earn you a lot of money." Orson took that advice, but the forward contract did not perform and Orson lost everything.What should Orson do?
A) Sue his broker for negligence.
B) Sue his broker for misrepresentation.
C) Sue his broker for deceit.
D) Orson has no remedy; his broker was stating an opinion.
E) Orson has no remedy; his broker was making a statement of future conduct.
Correct Answer:
Verified
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