Cyril Is a Lawyer Who Wants to Buy an Apartment

question 29

Multiple Choice

Cyril is a lawyer who wants to buy an apartment in the city.When he goes to view the apartment it is bare.The developer promises him that the apartment will be fully furnished when he purchases it.However the developer knows that furniture is not included in the purchase price.Cyril purchases the apartment.The developer has made a:

• A)Fraudulent misrepresentation.
• B)Negligent misrepresentation.
• C)Innocent misrepresentation.
• D)Reckless misrepresentation.

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Definitions:

Arbitration

A method of dispute resolution where an impartial third party, known as an arbitrator, makes a decision to resolve a disagreement between parties.

Multi-step Procedure

A complex process involving several stages or actions to achieve a particular end.

Decision-making Power

Decision-making power is the authority to make decisions within an organization, often held by managers, leaders, or governing bodies.

Quick Resolutions

The rapid settlement or conclusion of a dispute, issue, or problem, aiming for efficiency and minimal disruption.