Reliance on a Misrepresentation Is Justified Even If the Innocent

question 17

True/False

Reliance on a misrepresentation is justified even if the innocent party knows the true facts.

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Definitions:

Equitable Remedy

A form of justice provided by courts in cases where monetary damages are insufficient, such as injunctions or specific performance orders.

Injunction

A court order requiring a party to do or to refrain from doing specific acts.

Laches

An equitable doctrine that bars a party’s right to legal action if the party has neglected for an unreasonable length of time to act on his or her rights.

Common Law

A legal system characterized by judicial decisions that are cited as precedent in future cases, originating in England and used in many countries.