Ask Question
BusinessBusiness
8 September, 18:27

Betty Buyer discovers that the pin she bought Sally Seller is not a ruby as Sally had represented. She believes that Sally's misrepresentation was innocent, but she wants to get her money back. The contract remedy Betty should seek is

A. Rescission

B. Specific performance

C. Reliving

D. Consequential damages

+3
Answers (1)
  1. 8 September, 18:39
    0
    A. Rescission

    Explanation:

    Rescission is defined as the unwinding of the transaction that has been done through contract or the unmaking or canceling of the contract.

    Rescission is done in order to bring the parties in the contract back to their initial position i. e the position before entering into the contract.

    The party who wants the rescission should offer to return all the benefits that has been received under the contract.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Betty Buyer discovers that the pin she bought Sally Seller is not a ruby as Sally had represented. She believes that Sally's ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of the following best describes business impact analysis? A. Determines the cost of continuous operation and the value of each service B.
Answers (1)
1) Which of these is a social goal of any economic system?
Answers (1)
Suppose a computer virus disables the nation's automatic teller machines, making withdrawals from bank accounts less convenient. as a result, people want to keep more cash on hand, increasing the demand for money.
Answers (1)
An income statement for Sam's Bookstore for the first quarter of the year is presented below: Sam's Bookstore Income Statement For Quarter Ended March 31 Sales $ 880,000 Cost of goods sold 550,000 Gross margin 330,000 Selling and administrative
Answers (1)
In her school's food court, Molly notices that a carton of juice costs $1.75 and a can of soda costs $1.25. Since Molly just finished studying for an economics exam, she immediately calculates that the relative price of a carton of juice is per.
Answers (1)
New Questions in Business
What is the basic formula of the malthus theorem?
Answers (1)
If an industry is perfectly competitive or monopolistically competitive, then the government has relatively little reason for concern about the extent of competition new ways of pleasing customers taking advantage of economies of scale regulatory
Answers (1)
Mango Company applies overhead based on direct labor costs. For the current year, Mango Company estimated total overhead costs to be $480,000, and direct labor costs to be $240,000.
Answers (1)
Samuel is working on his annotated bibliography. While writing his annotations, he copies and pastes materials from his sources into his annotations without using quotation marks. This is
Answers (1)
Vanessa's snowboard manufacturing company has encountered problems with one of its computerized decal makers. Vanessa might get someone from the Maintenance, Installation and Repair Pathway of the Manufacturing career cluster to fix the issue.
Answers (1)
Home » Business » Betty Buyer discovers that the pin she bought Sally Seller is not a ruby as Sally had represented. She believes that Sally's misrepresentation was innocent, but she wants to get her money back. The contract remedy Betty should seek is A.
Sign Up Forgot Password?