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Teach IncSold a Computer Consulting Business to Blackbeard Corp

Question 52

Multiple Choice

Teach Inc.sold a computer consulting business to Blackbeard Corp.Blackbeard was persuaded to enter into that sale contract by documents that Teach had produced that suggested that Blackbeard would enjoy a profit of $1 000 000.In fact,as Teach knew,the business was really worth far less.As a result of purchasing the business,Blackbeard has actually suffered a total loss of $400 000.Blackbeard has successfully sued Teach in both tort and contract.Though it may also be entitled to other relief,Blackbeard is entitled to damages of


A) $600 000 in contract.
B) $400 000 in tort.
C) $400 000 in contract.
D) $1 000 000 in tort.
E) $600 000 in tort.

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