If an Incident of Misrepresentation Is Neither Fraudulent nor Negligent,yet

question 10

Multiple Choice

If an incident of misrepresentation is neither fraudulent nor negligent,yet it resulted in harm,then

• A)a claim of tort can only be made with evidence the victim relied on the misrepresentation.
• B)the victim's one hope is to show that a provision in the contract was misrepresented.
• C)it is innocent misrepresentation,which has no legal significance
• D)it does not qualify for a tort action.
• E)the victim is guilty of having unreasonable reliance on the misrepresentation.

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Definitions:

Normative Economic Statements

Assertions about economic outcomes or policies that incorporate judgments about what is desirable or undesirable, reflecting values and norms rather than hard facts.

Standard of Living

A measure of the wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.

Equal Distribution

The equitable allocation of resources, income, or assets among all members of a society or group.

Income

The total money received by an individual or household over a specified time period, including wages, salaries, benefits, and other earnings.