Blake defrauded Terry into entering into a contract with him for the purchase of a record. Blake falsely told Terry that the record had been autographed by the world, renowned musician, Robert Smith when in fact, Blake had signed the record himself. Terry paid Blake the contract price of $$200$ for the record, which is how much it would$$ve been worth if Robert Smith had actually signed it$.$ The record however, is only actually worth $$20$ Assuming that the defense of fraud does exist Terry May.