Question

Harry said to Marge, "I have a ring once owned by Marilyn Monroe. Would you like to buy it for $500?" Marge pays for the ring, but the next day a friend tells her that Harry had recently purchased the ring at a local department store. Marge enjoys wearing the ring and wears it constantly for twelve months. Finally, she goes to Harry and says, "Here is the ring you lied about. Give me my $500." Most likely Marge will: a. not get her money back since she should have investigated the facts about the ring more carefully. b. not get her money back since she has affirmed the contract by taking an unduly long time to disaffirm. c. get her money back since Harry's representation was fraudulent. d. get her money back since she is a good faith purchaser of merchandise

Answer 1

Answer:  b

Explanation:

Marge choose to continue wearing the ring even though it was sold to her through Harrys deception.

Answer 2

Answer:

b. not get her money back since she has affirmed the contract by taking an unduly long time to disaffirm.

Explanation:

Since she had already used the ring for a long time, she wont be able to get her money returned because she had already afformed the contract by using the ring for a long time and depreciating it. She should´ve returned it as soon as she knew it wasn´t authentic and she wanted her money back, eventhough they didn´t take a contract nor a receipt, with this kind of non written agreements the code of honour applies and since the seller didn´t have any by selling a ring with lies.