Answer:
Fraud
Explanation:
In the scenario it is established that ''Andy knows nothing about horses.'' Peter, an expert horse trainer, knows that a certain horse has no talent and is not likely to win any competitions.
Since Peter knew that the horse cannot win but convinced Andy to buy the horse for $500,000 by assuring him that it has great talent.
Andy can most likely recover damages based on a fraud.
A fraud is a wrongful or criminal deception intended to result in financial or personal gain.
Peter deceived Andy with the intention of making financial gain.