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frez [133]
3 years ago
7

Andrew found a stone in his yard and took it to Brad, a jeweler, for evaluation. Although Brad knew what the stone was, he told

Andrew that he wasn't sure as to the nature of the stone, but that he thought it was a saphire. Brad then offered to buy the stone for $50 and Andrew agreed. Later Andrew found out the stone was an uncut blue diamond worth about $10,000. The sale:
Business
1 answer:
Lerok [7]3 years ago
6 0

Answer: c. can be voided based upon fraud in the inducement .

Explanation:

Brad knew exactly what kind of stone it was that Andrew had and yet proceeded to lie about it in order to induce a sale at a much lower price than the actual worth of the jewel .

The contract is therefore voidable because the Brad committed fraud by lying and obtaining the diamond at $50 under false pretenses. Andrew should therefore drag him to the Courts of law to face justice.

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3 years ago
Warner Corporation purchased a machine 7 years ago for $405,000 when it launched product P50. Unfortunately, this machine has br
maxonik [38]

Answer:

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