Reference no: EM133297986

At Rip-Off Motors, an exotic used car dealership, you are the general manager and Slick is your dishonest salesperson. Slick told a potential customer. Dupe, that the Porsche he was interested in purchasing had been driven only 25.000 miles in four years and had never been in an accident. Dupe hired Grease, a mechanic, to appraise the condition of the car. Grease said that the car probably had at least 75,000 miles on it and probably had been in an accident. In spite of this information, Dupe still thought the car would be a good buy for the price, which was still lower than a Porsche with 75,000 miles. Dupe bought the car, and it immediately developed numerous mechanical problems which would cost over $10,000 to repair. Dupe has now come back to Rip-Off Motors and is seeking to have you rescind the contract on the basis of Slick's fraudulent misrepresentations of the car's condition. If you rescind the contract, it will cause the dealership to lose over $13,000.

As Attorney for Rip-off write a letter to Mr. Dupe, refusing to rescind the contract. Explain the reasons for your decision, citing authority for your action?