Orson is looking to hedge his portfolio perfectly.He is deciding between entering the futures markets and creating a forward contract.His broker says that he thinks he could get him in a forward contract that would not only hedge his portfolio,but also make him a lot of money.The forward contract does not perform and Orson loses 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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