While Buying Some Land, Mike Asked the Seller's Solicitor If

question 64

Multiple Choice

While buying some land, Mike asked the seller's solicitor if there were any restrictive covenants on the land; the solicitor said he did not know of any. What the solicitor failed to mention was that he had not bothered to read the documents. This failure on the part of the solicitor to disclose the state of affairs to Mike amounts to:

• A) misuse of relationship marketing.
• B) sales puffery.
• C) misrepresentation.
• D) a warranty of fact.
• E) a statement of fact.

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Definitions:

Open Mind

The willingness to consider or accept new and different ideas or opinions.

Negative Attitude

A habitual disposition to perceive and react to situations, people, or objects in a pessimistic or discouraging manner.

Productivity

The measure of effectiveness in producing outputs from a given set of inputs, often used in economic and business contexts.

Monetary Rewards

Financial incentives given to employees or individuals for meeting performance targets or for recognition of their contributions.