While buying some land, Mark asked the seller's solicitor if there were any restrictive covenants on the land and the solicitor said he did not know of any. What the solicitor failed to mention was that he had not bothered to read the documents. This failure on part of the solicitor to disclose the state of affairs to the purchaser amounts to:



Misrepresentation

Explanation:

A misrepresentation is simply a false statement of fact made by one individual/ party to another. It is usually not according to the a term of the contract as it also induces the other party to enter the contract.

The solicitor is guilty of misrepresentation due to the fact that he lied about reading the documents about the land. It also renders the contract voidable and it also give rise to a right to damages depending on type of misrepresentation that has happened. For a misrepresentation to be actionable, there must be an untrue statement; it must be a statement of fact, not mere opinion and it must have induced the innocent party to enter the contract.

Mike relied.on the solicitor to provide both knowledge and honesty.

in 2001, dell computer became the world’s largest personal computer vendor, continuing to

gain market share and post profits in an industry struggling with slumping sales and billions of

dollars in losses. dell sells 90% of its pcs directly to the final customer, largely bypassing the

reseller channel that accounts for most of the world’s pc sales. this direct customer relationship

is the key to dell’s business model, and provides distinct advantages over the indirect sales

model. dell’s direct relationship with the customer allows it to tailor its offerings to customer

needs, offer add-on products and services, and use the internet to offer a variety of customer

services. in addition, dell’s pcs are built to customers’ specifications upon receipt of an order,

giving dell additional advantages over indirect pc vendors who must try to forecast demand and

ship products based on those forecasts. dell’s direct sales and build-to-order model has achieved

superior performance in the pc industry in terms of inventory turnover, reduced overhead, cash

conversion, and return on investment (kraemer, et al., 2000).

explanation: