Under Massachusetts General Laws Chapter 93A, all of the following are true regarding a consumer's Chapter 93A claim against a real estate broker EXCEPT:
Correct Answer
D) The consumer must prove the broker's conduct caused physical injury in addition to economic harm to prevail under Chapter 93A.
Option D is the false statement and therefore the correct answer to this EXCEPT question. Chapter 93A does not require a consumer to prove physical injury. Chapter 93A is an economic and consumer protection statute that covers unfair or deceptive acts causing economic harm. A plaintiff need only show that the defendant engaged in an unfair or deceptive act or practice that caused the plaintiff economic loss — physical injury is not required and is not an element of a Chapter 93A claim.
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Related Topics & Key Terms
Key Terms:
Related Concepts
Contract termination occurs when a contract is ended or discharged, releasing both parties from their obligations. A contract can be terminated through performance, mutual agreement, operation of law, or breach.
A counteroffer is a response to an original offer that changes one or more terms of the offer, effectively rejecting the original offer and creating a new offer. The party who makes the counteroffer becomes the new offeror.
Earnest money is a deposit made by the buyer at the time of the offer or shortly after to demonstrate good faith and serious intent to purchase the property. It is also called a good faith deposit.
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