Matt sells bikes at a local discount store. To encourage Bob to buy a more expensive model than he originally contemplated, Matt tells Bob, "I think this is the most awesome bike around." Based on this statement Bob buys the bike. A week later, before his bike is fully paid for, Bob sees a far superior bike for a lower price at another store. Bob can avoid (get out of) his contract with Matt because of fraudulent misrepresentation of fact. a. trueb. false
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Matt sells bikes at a local discount store. To encourage Bob to buy a more expensive model than he originally contemplated, Matt tells Bob, ...” 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
The ledger of Duggan Rental Agency on March 31 of the current year includes the following selected accounts before adjusting entries have been prepared.
Answers (1)
If you spend $35 using a credit card, you have created:
Answers (1)
What concerns do some consumer groups have about genetically modified fish?
Answers (1)
A bond with 25 years to maturity, 7% coupon, quoted on a 6.25% basis is callable in 10 years at 103, 15 years at 102, and 20 years at par. On the customer's confirmation, the dollar price quoted must be based on:
Answers (1)
Boney Corporation processes sugar beets that it purchases from farmers. Sugar beets are processed in batches. A batch of sugar beets costs $51 to buy from farmers and $10 to crush in the company's plant.
Answers (1)
New Questions in Business
Why is a well-insulated building comfortable in both cold and hot weather
Answers (2)
What would you place below the return address on business envelope
Answers (1)
John's Specialty Store uses a periodic inventory system. The following are some inventory transactions for the month of May: 1. John's purchased merchandise on account for $6,300. Freight charges of $950 were paid in cash. 2.
Answers (1)
Fascinating Fez, a 125-year-old hat and cap manufacturer, markets very high-quality stylish headwear, many of which cost more than $1,000 each, to fashionistas globally, always maintaining its reputation of superior value in its narrow market.
Answers (1)
A firm derives revenue from two sources: goods X and Y. Annual revenues from good X and Y are $10,000 and ... ? A firm derives revenue from two sources: goods X and Y. Annual revenues from good X and Y are $10,000 and $20,000, respectively.
Answers (1)