User Account

All Pages

Conduct of the salesperson constitute fraud

Assignment Help Business Management
Reference no: EM131096635

Lester purchased a used automobile from MacKintosh Motors. He asked the seller if he car had ever been in a wreck. The MacKintosh salesperson had never seen the car before that morning and knew nothing of its history but quickly answered Lester's question by stating: "No. It has never been in a wreck." In fact, the auto had been seriously damaged in a wreck and, although repaired, was worth much less than the value it would have had it there had been no wreck. When Lester learned the truth, he sued Mackintosh Motors and the salesperson for damages for fraud. They raised the defense that the salesperson did not know the statement was false and had not intended to decide Lester. Did the conduct of the salesperson constitute fraud?

Reference no: EM131096635

Questions Cloud

How firm can use leading to reduce the exchange rate risk : Explain how the firm can use leading or lagging to reduce the exchange rate risk created by this payment. How can the firm hedge the transaction risk associated with the payment using a forward market hedge?
Build a successful marketing division : Explore the Marketplace Live simulation. Discuss any previous experience you have had with strategic planning. How will your experience help you in working with your team to build a successful marketing division?
Write a lex program that examines the words : Write a Lex program that examines the words in an ASCII file and lists the ten most frequently used words. Your program should ignore case and should ignore words that appear in a predefined "don't care" list.
Monitor employees in the workplace : Should employers be allowed to monitor employees in the workplace? Should distinctions be made based on whether it is monitoring computers, voice-mail, telephone conversations, personal email, lockers or internet use?
Conduct of the salesperson constitute fraud : When Lester learned the truth, he sued Mackintosh Motors and the salesperson for damages for fraud. They raised the defense that the salesperson did not know the statement was false and had not intended to decide Lester. Did the conduct of the sal..
How are market structures characterized : How are market structures characterized? How are monopolistic competition able to achieve market power?  Monopolistically competitive firms can earn positive economic profits in the short run, but in the long run:
Identify and comment on organizational values : Can you identify and comment on organizational values you have seen. How do you know the organization really believes in these values? Have any values changed? Can you be sure the entire organization has moved in the new direction? 350 words minim..
Social benefit of good that exhibits positive externalities : The marginal social benefit of a good that exhibits positive externalities is ( Greater or Less than ) the private social benefit of that good. Why?
Creating queries and macros in ms excel : Since creating queries and macros in MS Excel may be new to you, you will discover that using these tools will improve your productivity, and help you better manage your time.

Reviews

Write a Review

Business Management Questions & Answers

  Caselet on michael porter’s value chain management

The assignment in management is a two part assignment dealing 1.Theory of function of management. 2. Operations and Controlling.

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. Due to increase in the preference for light beer drinkers, Chris Prangel wants to introduce light beer version in Mountain Man. An analysis into the la..

  Mountain man brewing company

Mountain Man Brewing, a family owned business where Chris Prangel, the son of the president joins. An analysis into the launch of Mountain Man Light over the present Mountain Man Lager.

  Analysis of the case using the doing ethics technique

Analysis of the case using the Doing Ethics Technique (DET). Analysis of the ethical issue(s) from the perspective of an ICT professional, using the ACS Code of  Conduct and properly relating clauses from the ACS Code of Conduct to the ethical issue.

  Affiliations and partnerships

Affiliations and partnerships are frequently used to reach a larger local audience? Which options stand to avail for the Hotel manager and what problems do these pose.

  Innovation-friendly regulations

What influence (if any) can organizations exercise to encourage ‘innovation-friendly' regulations?

  Effect of regional and corporate cultural issues

Present your findings as a group powerpoint with an audio file. In addition individually write up your own conclusions as to the effects of regional cultural issues on the corporate organisational culture of this multinational company as it conducts ..

  Structure of business plan

This assignment shows a structure of business plan. The task is to write a business plane about a Diet Shop.

  Identify the purposes of different types of organisations

Identify the purposes of different types of organisations.

  Entrepreneur case study for analysis

Entrepreneur Case Study for Analysis. Analyze Robin Wolaner's suitability to be an entrepreneur

  Forecasting and business analysis

This problem requires you to apply your cross-sectional analysis skills to a real cross-sectional data set with the goal of answering a specific research question.

  Educational instructional leadership

Prepare a major handout on the key principles of instructional leadership

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd