LAW 505-002 – Contracts I
Restatement Second of Contracts § 168
Reliance on Assertions of Opinion
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- An assertion is one of opinion if it expresses only a belief, without certainty, as to the existence of a fact or expresses only a judgment as to quality, value, authenticity, or similar matters.
- If it is reasonable to do so, the recipient of an assertion of a person's opinion as to facts not disclosed and not otherwise known to the recipient may properly interpret it as an assertion
- that the facts known to that person are not incompatible with his opinion, or
- that he knows facts sufficient to justify him in forming it.