To induce the sale of an auto parts business, Carmel fraudulently represents the worth of the inventory to Drew, who offers an inflated price. They enter into a contract to close the deal. On closer inspection, the buyer learns the true value of the goods. Drew can:_______
a) impose a penalty on the seller.
b) force the seller to accept a more reasonable price.
c) rescind the contract
d) none of the choices

To begin with, in the situation presented it is very clear that now that Drew has signed the contract then the most possible outcome for him is only to accept the price he is paying for the items that are overpriced. However, it will all depend on the clauses that the contract establishes but due to the fact that the case does not present any of that information then the most assumable thing is that Drew already made the mistake of not investigating good enought and just signed the contract without previous concern. Therefore he will just have to deal with it and accept the fact that made a bad deal.

Tundexi Tundexi · Answer 2 · 2021-10-28T12:57:25+02:00

Option B. is correct because Drew can still force the seller to accept a more reasonable price and thus give him back the balance.

Basically, contracts are often binding after the payment of consideration (such as purchase money) and delivery of goods to the buyer.

The buyer most practice caveat emptor ("Let the buyer beware") during the negotiation of te goods. That means he is at responsibility of knowing the exact price of the goods.

In this case, Mr Carmel is not at fault at law because the buyer failed his responsibility and the contract of sales is valid.

Therefore, the answer is B. because the buyer (Mr Drew) can can still force the seller to accept a more reasonable price and thus give him some returns.

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