Question: LAW -- no explanation needed, thank you!! Grano owns a forty-room motel on Highway 100. Tanner is interested in purchasing the motel. During the course

 LAW -- no explanation needed, thank you!! Grano owns a forty-room

LAW -- no explanation needed, thank you!!

Grano owns a forty-room motel on Highway 100. Tanner is interested in purchasing the motel. During the course of negotiations, Grano tells Tanner that the hotel netted $30,000 last year and that it will net at least $45,000 next year. The motel books, which Grano turns over to Tanner before the purchase, clearly show that Grano's motel netted only $15,000 last year. Also, Grano fails to tell Tanner that a bypass to Highway 100 is being planned that will redirect most traffic away from the front of the motel. Tanner purchases the motel. During the first year under Tanner's operation, the motel nets only $18,000.At this time, Tanner learns of the previous low profitability of the hotel and the planned bypass. Tanner sues Grano for fraud and demands his money back. Which of the answers is a correct statement? Select one: a. Grano made a misrepresentation of fact when he said "the motel netted $30,000 last year." b. Grano committed fraud by telling Tanner that the motel will "net at least $45,000 next year". O C. Grano committed fraud by not telling Tanner of the planned bypass to Highway 100. d. Tanner will win based on Grano's statement that the motel netted $30,000 last year. e. None of the above are correct statements

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