The owner of Newacre executed and delivered to a power company a right-of-way deed for the building and maintenance of an overhead power line across Newacre. The deed was properly recorded. Newacre then passed through several intermediate conveyances until it was conveyed to Sloan about 10 years after the date of the right-of-way deed. All the intermediate deeds were properly recorded, but none of them mentioned the right-of-way. Sloan entered into a written contract to sell Newacre to Jones. By the terms of the contract, Sloan promised to furnish an abstract of title to Jones. Sloan contracted directly with Abstract Company to prepare and deliver an abstract to Jones, and Abstract Company did so. The abstract omitted the right-of-way deed. Jones delivered the abstract to his attorney and asked the attorney for an opinion as to title. The attorney signed and delivered to Jones a letter stating that, from the attorney's examination of the abstract, it was his "opinion that Sloan had a free and unencumbered marketable title to Newacre." Sloan conveyed Newacre to Jones by a deed which included covenants of general warranty and against encumbrances. Jones paid the full purchase price. After Jones had been in possession of Newacre for 90 more than a year, he learned about the right-of-way deed. Sloan, Jones, Abstract Company, and Jones's attorney were all without actual knowledge of the existence of the right-of-way at the time of the conveyance from Sloan to Jones."If Jones sues Sloan because of the presence of the right-of-way, the most likely result will be a decision for
Jones, because Sloan is liable for his negligent misrepresentation.  Jones, because the covenants in Sloan's deed to Jones have been breached.  Sloan, because Jones relied upon Abstract Company, not Sloan, for information concerning title.  Sloan, because Sloan was without knowledge of any defects in the title to Newacre