When Describing the Car He Had for Sale,Jack Told Jill

question 74

Essay

When describing the car he had for sale,Jack told Jill it had genuine cowhide seat covers.The car in fact had imitation leather seat covers.Jill decided to buy the car,in part because she liked cowhide seat covers.The written contract made no mention of the type of seat covers.When Jill took possession of the car,she discovered that the seat covers were not cowhide and asked you the following questions:
a.What is the name of all potential causes of action that I have has against Jack?
b.What remedy or remedies can I seek?
c.What elements must I be able to prove in order to be successful?
Answer the above questions providing reasons for your answers.Express an opinion about the probable outcome of Jill's action.

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Definitions:

Commission

A service fee charged by a broker or agent for facilitating transactions, such as in stocks or real estate.

Monthly Interest Charges

The amount of interest that accrues on a loan or debt and is payable on a monthly basis.

Sarbanes-Oxley Act

A United States federal law that set new or expanded requirements for all U.S. public company boards, management, and public accounting firms, aiming to protect investors from fraudulent financial reporting.

PCAOB

The Public Company Accounting Oversight Board, an organization established to oversee the audits of public companies to protect the interests of investors.