BUS311_chapter_05

Hisdamageisthatthedealhethoughthewasgettingisnotthe

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Unformatted text preview: two weeks later falls through the living room ceiling when a beam collapses. Vic can void the contract and get his money back, or sue for damages to repair the house properly. In February 2012, Proview Electronics Co. filed a lawsuit against Apple for intentional misrepresentation, fraud by concealment, fraudulent inducement, and unfair compensation. Apple purchased the “iPad” trademark from the Taiwanese company using a United Kingdom–based proxy called “IP Application Development,” which later turned the trademark over to Apple. The lawsuit was thrown out in May of that same year. Dong Jinlin – Imaginechina/Associated Press The final situation where silence can be fraud is where the information is unusual, something Victim would not normally check out, and Bad Guy is aware it could be a deal-breaker. Example 5.14. Bad Guy’s house has no usable water source. The well is contaminated with industrial pollutants, and the house is too far from the center of town to connect with a water main. BG “forgets” to tell Vic this fun fact about the house. When Vic discov...
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This test prep was uploaded on 04/09/2014 for the course BUS 311 taught by Professor Parker during the Spring '10 term at Ashford University.

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