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) get her money back since Harry's representation was fraudulent.
B) not get her money back since she should have investigated the facts about the ring more carefully.
C) get her money back since she is a good faith purchaser of merchandise.
D) not get her money back since she has affirmed the contract by taking an unduly long time to disaffirm.
D
You might also like to view...
Auditors usually perform relatively limited substantive analytics for cash accounts and instead focus on substantive tests of details
a. True b. False Indicate whether the statement is true or false
At what point during a career are individuals most aware of the socialization process?
What will be an ideal response?
Game models are classified by the number of players, the maximum payoffs, and the likelihood of each outcome
Indicate whether the statement is true or false
List four of Mintzberg's Decisional roles of managers
What will be an ideal response?