Caleb just broke up with his fiance, who returned the ring Caleb gave her when he...

  

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Caleb just broke up with his fiancée, who returned the ring Caleb gave her when he asked her to marry him. Jack enters a contract to buy the ring from Caleb for a specified amount of money. Assuming, in turn, that each of the following happened, which could NOT be the basis for fulfilling the "false assertion of fact" element if Jack attempts to rescind the contract due either to misrepresentation or fraud? Multiple Choice O O O Caleb has taken steps to hide from Jack a crack in one of the ring's gemstones. Caleb gives Jack a fake "certificate of authenticity" indicating that the ring is an antique, when in fact it is not. The ring has garnet gemstone accents, though Jack believes they are rubies, based on his own observation. Caleb knows that his fiancée replaced the diamond with cubic zirconia, but does not tell Jack. Caleb tells Jack that the ring includes a 1-carat diamond, when it is only half a carat. is based on pressure exerted by coercion; Multiple Choice O Scienter; fraud Undue influence; duress Undue duress; unfair influence Duress; undue influence Fraud; scienter _'s pressure is exerted through persuasion. Duress is based on pressure exerted by Multiple Choice O persuasion; coercion coercion; persuasion unfairness; scienter scienter; unfairness unfairness; scienter _; undue influence's pressure is exerted through Caleb just broke up with his fiancée, who returned the ring Caleb gave her when he asked her to marry him. Jack enters a contract to buy the ring from Caleb for a specified amount of money. Assuming, in turn, that each of the following happened, which could NOT be the basis for fulfilling the "false assertion of fact" element if Jack attempts to rescind the contract due either to misrepresentation or fraud? Multiple Choice O O O Caleb has taken steps to hide from Jack a crack in one of the ring's gemstones. Caleb gives Jack a fake "certificate of authenticity" indicating that the ring is an antique, when in fact it is not. The ring has garnet gemstone accents, though Jack believes they are rubies, based on his own observation. Caleb knows that his fiancée replaced the diamond with cubic zirconia, but does not tell Jack. Caleb tells Jack that the ring includes a 1-carat diamond, when it is only half a carat. is based on pressure exerted by coercion; Multiple Choice O Scienter; fraud Undue influence; duress Undue duress; unfair influence Duress; undue influence Fraud; scienter _'s pressure is exerted through persuasion. Duress is based on pressure exerted by Multiple Choice O persuasion; coercion coercion; persuasion unfairness; scienter scienter; unfairness unfairness; scienter _; undue influence's pressure is exerted through

Answer rating: 100% (QA)

Lets go through each option to determine which one could NOT be the basis for fulfilling the false assertion of fact element if Jack attempts to resci... View the full answer