Question: A person who misleads himself by, for example, doing his own property inspection, has the following remedies available to him under the law of misrepresentation
A person who misleads himself by, for example, doing his own property inspection, has the following remedies available to him under the law of misrepresentation (choose the correct answer reading each choice separately):
a.He has no remedies available.
b.He can obtain rescission only of the contract.
c.He can obtain tort damages if the other side made an innocent misrepresentation.
d.He can obtain both rescission and damages, but only if he has an honest belief at the time he entered into the contract.
e.He can obtain damages only, but the amount will be reduced to the extent that he voluntarily assumed the risk by doing his own property inspection.
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
