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10 Sep 2019, 09:50
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E
Be sure to select an answer first to save it in the Error Log before revealing the correct answer (OA)!
Difficulty:
65%
(hard)
Question Stats:
66% (02:25) correct
34%
(02:27)
wrong
based on 775
sessions
History
Date
Time
Result
Not Attempted Yet
Principle: Even if an art auction house identifies the descriptions in its catalog as opinions, it is guilty of misrepresentation if such a description is a deliberate attempt to mislead bidders.
Application: Although Healy’s, an art auction house, states that all descriptions in its catalog are opinions, Healy’s was guilty of misrepresentation when its catalog described a vase as dating from the mid-eighteenth century when it was actually a modern reproduction.
Which one of the following, if true, most justifies the above application of the principle?
(A) An authentic work of art from the mid-eighteenth century will usually sell for at least ten times more than a modern reproduction of a similar work from that period.
(B) Although pottery that is similar to the vase is currently extremely popular among art collectors, none of the collectors who are knowledgeable about such pottery were willing to bid on the vase.
(C) The stated policy of Healy’s is to describe works in its catalogs only in terms of their readily perceptible qualities and not to include any information about their age.
(D) Some Healy’s staff members believe that the auction house’s catalog should not contain any descriptions that have not been certified to be true by independent experts.
(E) Without consulting anyone with expertise in authenticating vases, Healy’s described the vase as dating from the mid-eighteenth century merely in order to increase its auction price.
Application: Although Healy’s, an art auction house, states that all descriptions in its catalog are opinions, Healy’s was guilty of misrepresentation when its catalog described a vase as dating from the mid-eighteenth century when it was actually a modern reproduction.
Which one of the following, if true, most justifies the above application of the principle?
(A) An authentic work of art from the mid-eighteenth century will usually sell for at least ten times more than a modern reproduction of a similar work from that period.
(B) Although pottery that is similar to the vase is currently extremely popular among art collectors, none of the collectors who are knowledgeable about such pottery were willing to bid on the vase.
(C) The stated policy of Healy’s is to describe works in its catalogs only in terms of their readily perceptible qualities and not to include any information about their age.
(D) Some Healy’s staff members believe that the auction house’s catalog should not contain any descriptions that have not been certified to be true by independent experts.
(E) Without consulting anyone with expertise in authenticating vases, Healy’s described the vase as dating from the mid-eighteenth century merely in order to increase its auction price.
10 Sep 2019, 16:04
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Hi,
Application says that Healy's is guilty of misrepresentation. Principle says that one is only guilty of misrepresentation if such a description is a deliberate attempt to mislead bidders.
So Healy's would be only guilty if its action was deliberate and was to mislead bidders. This is what option E states.
(E) Without consulting anyone with expertise in authenticating vases, Healy’s described the vase as dating from the mid-eighteenth century merely in order to increase its auction price.
IMO E.
Application says that Healy's is guilty of misrepresentation. Principle says that one is only guilty of misrepresentation if such a description is a deliberate attempt to mislead bidders.
So Healy's would be only guilty if its action was deliberate and was to mislead bidders. This is what option E states.
(E) Without consulting anyone with expertise in authenticating vases, Healy’s described the vase as dating from the mid-eighteenth century merely in order to increase its auction price.
IMO E.
10 Sep 2019, 16:27
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Doer01
Question, by not consulting an expert, doesn't leave open the possibility that the description was in fact a mistake, and not deliberate. They did not have anyone on staff who was an expert, so they may have incorrectly assumed that vase was from the 18th century. Option A, while not stating explicitly that it was deliberate, certainly explains why they would deliberately do so.
