Question: I need some help with this question. I need to preface this by saying this is a BUSINESS LAW question and not an economics question.

I need some help with this question. I need to preface this by saying this is a BUSINESS LAW question and not an economics question. Unfortunately there is no Law category for me to post this on.

6. William Murray, a resident of New York City, signed a contract with Daniel Akroyd to buy Akroyds house in the village of Woodstock, New York. The house was widely reputed to be possessed by ghosts, which Akroyd and his family had reportedly seen and reported to the local press and to the National Enquirer. The house was included in a walking tour of Woodstock and described as the Haunted House of Woodstock. Akroyd did not tell Murray about the ghosts before Murray signed the contract and made the down payment to buy the house. When Murray found out about the houses reputation, however, he promptly sued Akroyd to rescind the contract.

A. What are Murrays best arguments to prevail in his lawsuit? (3 points)

B. What are Akroyd's best arguments to prevail in his lawsuit? (3 points)

C. Whom do you think should win this suit? (1 point)

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