Teach Inc Sold a Computer Consulting Business to Blackbeard Corp

question 8

Multiple Choice

Teach Inc sold a computer consulting business to Blackbeard Corp. Blackbeard was persuaded to enter into that sale contract by documents that Teach had produced that suggested that Blackbeard would enjoy a profit of $1 000 000. In fact, as Teach knew, the business was really worth far less. As a result of purchasing the business, Blackbeard has actually suffered a total loss of $400 000. Blackbeard has successfully sued Teach in both tort and contract. Though it may also be entitled to other relief, Blackbeard is entitled to damages of

• A) $400 000 in contract.
• B) $400 000 in tort.
• C) $600 000 in tort.
• D) $600 000 in contract.
• E) $1 000 000 in tort.

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Definitions:

Areolar Connective Tissue

Areolar connective tissue is a loose connective tissue that supports and cushions organs, and is characterized by a matrix with collagen and elastin fibers.

Serous Acinus

A cluster of cells found in serous glands that produce watery, enzyme-rich secretions.

Mucous Acinus

A secretory unit of a gland that produces mucous, typically found in salivary glands and other mucous-secreting glands.

Acinar Cell

A cell of the exocrine glands that is responsible for producing and releasing certain substances, such as enzymes in the pancreas.