When Fraudulent Misrepresentation Is Used to Induce Another Party to Enter

question 77

True/False

When fraudulent misrepresentation is used to induce another party to enter into a contract,the innocent party's assent to the contract is not genuine,and the contract is void.

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Definitions:

Demand

The quantity of goods or services that consumers are willing and able to purchase at various prices during a given time period.

Rent Control

Government policies or laws that limit the rent landlords can charge for housing, intended to make housing affordable.

Price Ceiling

A government-imposed limit on the price charged for a product or service, intended to prevent prices from rising above a certain level.

Housing

Structures and buildings that are used as homes, providing shelter and living spaces for individuals and families.