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On the streets of New York, a man sells you a pocket watch for $20. He says all the watch needs is a new battery and it will be just like new and work perfectly. You buy a new battery for the watch, but the watch still does not work. The man selling the watch knew that the watch would not work, even with a new battery, but he told you it would anyway.The above scenario is an example of what?

Sagot :

ZIRA3108

Answer:

Each of the following is true of a mutual mistake of fact except

one form of a mutual mistake occurs when one party makes a mistake about a material fact, and the other party knows about the mistake.

Suppose an operator of a weight scale certifies the weight of a good that is for sale. However, the accuracy of the scale used to weigh the good has not been checked in more than four years, even though the weight scale operator could have easily checked the accuracy of the scale. The scale gave an improper weight measurement that resulted in many problems with the shipping and sale of the product.

The above scenario is an example of what?

Negligent misrepresentation

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