Fact Pattern 15-B3 (Questions B14-B15 apply)
In selling a commercial building,Birdie tells Colt that the property has a certain capacity,making it suitable for a nightclub.Birdie knows nothing about the capacity of the building,but it is not as she specifies.Colt buys the building.
-Refer to Fact Pattern 15-B3.Under these circumstances,Colt's best course of action is most likely to
A)scam Birdie.
B)induce Birdie to give him the commission on her next sale.
C)recover damages or rescind the contract to buy the building.
D)sabotage Birdie's career with bad publicity.

Question

Quizplus · Accepted Answer

Colt should seek to recover damages or rescind the contract to buy the building as Birdie made a misrepresentation about the property's capacity that induced him to make the purchase. Colt may also have a legal claim for fraud or deceit against Birdie. However, scamming or sabotaging Birdie's career would not be ethical or legal courses of action. Inducing her to give him a commission on her next sale would also not be an appropriate response to her misrepresentation.

Fact Pattern 15-B3 (Questions B14-B15 Apply)