Pet Pig Farm

question 55

Multiple Choice

Pet Pig Farm.Marcy wanted to buy Lucy's land and use it to breed small pigs to be kept as pets.Marcy told Lucy that having water on the property was very important.Lucy assured her that a spring ran through one corner of the property.Therefore,Marcy agreed to buy the farm.Although she did not ask Lucy anything about it,Marcy,who loved pigs,assumed that the neighbors would be pleased with the pigs being in the area.In a separate contract,Lucy also agreed to sell Marcy a used truck for $5,000.After the contract for the land sale was entered into,it was discovered that actually the spring did not run through the corner of Lucy's property.The area in which the spring ran actually belonged to a neighbor.Additionally,when Lucy brought Marcy the used truck,Marcy said,"That's not the truck!" It was discovered that Lucy,who had two trucks,thought that Marcy had bought the older truck when Marcy thought she had purchased the newer truck.Marcy was also surprised when she received a petition signed by all surrounding landowners objecting to the presence of the pigs and threatening to sue Marcy for nuisance.Assuming that Lucy fraudulently made a misrepresentation regarding the spring running through the corner of the farm knowing the statement was not correct,considering only the lack of a spring issue,which of the following is true if Marcy does not want to go through with the sale of the farm?

• A)Marcy may rescind the contract,and she will recover $10,000 in damages in accordance with the exact statutory amount set by federal law.
• B)Marcy may rescind the contract,but she may not recover damages.
• C)Marcy may sue for damages regardless of whether she can establish injury,but she may not rescind the contract.
• D)Marcy may rescind the contract,and she may also sue for damages if she can establish injury.
• E)Marcy may rescind the contract and she may also recover damages,but only nominal damages.

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Definitions:

Imaginary Creatures

Fictional beings or monsters that exist only in the imagination and are not based on any real creatures.

Gender-schema Theory

A theory suggesting that people learn about gender roles and cultural expectations primarily through socialization.

Gender Concepts

Theories and notions that explain how society interprets and interacts with differences in gender identities and roles.

Natural Selection

A process in evolutionary biology where organisms better adapted to their environment tend to survive and produce more offspring.