Assuming that Lucy innocently made a misrepresentation regarding the spring running through the corner of the farm with no reason to believe that was incorrect,which of the following is true,considering only the lack of a spring issue,if Marcy does not want to go through with the sale?
A) Marcy may rescind the contract and recover compensatory damages.
B) Marcy may rescind the contract, but she may not recover damages.
C) Marcy may sue for damages, but she may not rescind the contract.
D) Marcy may rescind the contract, or she may keep the contract and sue for damages.
E) Marcy has no remedy based on an innocent misrepresentation based on the theory that she should have checked more closely before entering into the contract.
Correct Answer:
Verified
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