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A lady buys synthetic pearls for a high price thinking that they are natural pearls. The seller does not correct her mistake. Has she any remedies against the seller?
  • a)
    The lady has no remedy against the seller as the doctrine of ‘Caveat Emptor’ applies 
  • b)
    She can avoid the contract as there is breach of condition as to quality 
  • c)
    The contract is voidable on the ground of fraud 
  • d)
    None 
Correct answer is option 'A'. Can you explain this answer?
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A lady buys synthetic pearls for a high price thinking that they are n...
Case Study  A lady who knew that she was allergic to a particular hair dye developed dermatitis as a result of having her hair dyed with that substance. She did not disclose her allergy to the hair dresser. Is the hair dresser liable for breach of implied condition. 
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A lady buys synthetic pearls for a high price thinking that they are n...
Caveat emptor applies, which means "buyer beware." This doctrine places the responsibility on the buyer to inspect and evaluate the product before making a purchase.

However, if the seller made false statements or intentionally misled the buyer, the lady may have a legal remedy for fraud or misrepresentation. She could also potentially file a complaint with consumer protection agencies or seek redress through small claims court.
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A lady buys synthetic pearls for a high price thinking that they are natural pearls. The seller does not correct her mistake. Has she any remedies against the seller?a)The lady has no remedy against the seller as the doctrine of ‘Caveat Emptor’ appliesb)She can avoid the contract as there is breach of condition as to qualityc)The contract is voidable on the ground of fraudd)NoneCorrect answer is option 'A'. Can you explain this answer?
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A lady buys synthetic pearls for a high price thinking that they are natural pearls. The seller does not correct her mistake. Has she any remedies against the seller?a)The lady has no remedy against the seller as the doctrine of ‘Caveat Emptor’ appliesb)She can avoid the contract as there is breach of condition as to qualityc)The contract is voidable on the ground of fraudd)NoneCorrect answer is option 'A'. Can you explain this answer? for CA Foundation 2024 is part of CA Foundation preparation. The Question and answers have been prepared according to the CA Foundation exam syllabus. Information about A lady buys synthetic pearls for a high price thinking that they are natural pearls. The seller does not correct her mistake. Has she any remedies against the seller?a)The lady has no remedy against the seller as the doctrine of ‘Caveat Emptor’ appliesb)She can avoid the contract as there is breach of condition as to qualityc)The contract is voidable on the ground of fraudd)NoneCorrect answer is option 'A'. Can you explain this answer? covers all topics & solutions for CA Foundation 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for A lady buys synthetic pearls for a high price thinking that they are natural pearls. The seller does not correct her mistake. Has she any remedies against the seller?a)The lady has no remedy against the seller as the doctrine of ‘Caveat Emptor’ appliesb)She can avoid the contract as there is breach of condition as to qualityc)The contract is voidable on the ground of fraudd)NoneCorrect answer is option 'A'. Can you explain this answer?.
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