Tort action for fraudulent misrepresentation

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Art Boutique runs an art gallery in New York City, where they sell works of art.Adie the manager of the botique , shows Dale a new Monalisa that he is discounting for $1,000,000. Dale loved it and buys it for $1M. Several weeks later, Dale finds out through a friend that the painting he bought from Art Botique is a fake, and worth about $1,000. Dale sues FAAB for $999,000 the difference between the purchase price and its real value, in a tort action for fraudulent misrepresentation. Does Dale has a good claim? explain.

Reference no: EM131437901

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