Agency
In Rhode Island, what is 'puffing' and how does it differ from fraud?
AThey are the same; both are illegal
BPuffing is exaggerated, vague sales talk that a reasonable buyer wouldn't rely on; fraud is a deliberate false statement of material fact that induces a party to act✓ Correct
CPuffing is permitted in commercial deals; fraud is not
DFraud is only about price; puffing covers all property characteristics
Explanation
Puffing is vague, exaggerated sales talk ('the best neighborhood in Rhode Island') that is not a statement of fact and that a reasonable buyer would not rely upon. Fraud involves intentional false statements of material fact that a party relies on to their detriment.
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