Mr Copperfield, a Collector of Movie Memorabilia, Bid $50,000 on the Batmobile

question 21

Multiple Choice

Mr. Copperfield, a collector of movie memorabilia, bid $50,000 on the Batmobile. After taking delivery, he discovered the car was not the car actually used in the film "Batman," it was merely one of five cars used to promote the film. He is suing the seller, Mr. Eisenberg. In which of the following cases would Mr. Copperfield not be entitled to a remedy? (Assume that in each case the facts could be proven.)

• A) Breach of contract by Mr. Eisenberg
• B) Unilateral mistake by Mr. Copperfield
• C) Fraudulent misrepresentation by Mr. Eisenberg
• D) Negligent misrepresentation by Mr. Eisenberg
• E) Innocent misrepresentation by Mr. Eisenberg

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Definitions:

Cost Function

A mathematical relationship that describes how the total cost of production changes with varying levels of output.

Cartel Arrangement

An agreement between competing firms or countries to control prices, limit supply, or restrain competition in a particular market.

Manufacturing Plant

A facility used for the industrial production of goods, including assembly lines and machinery for manufacturing products.

Stackelberg Leader

A firm in a duopoly that moves first to set its output level, thereby determining the market's price and influencing the subsequent behavior of a follower firm.