Eksample: it should say something like C\programfile\malware.exe is detected as Trojan FakeAV

can you post/attach a screenshot of the scan result ?

If these are real which option do I pick? delete? repair? chest? do nothing?
Clean, Quarantine, or Delete? http://antivirus.about.com/b/2007/03/11/clean-quarantine-or-delete.htm