Which of the Following Is True of Misrepresentation of Law

question 99

Multiple Choice

Which of the following is true of misrepresentation of law not involving professional?

• A) The aggrieved party can sue for damages.
• B) The two parties can sue each other for fraud.
• C) The aggrieved party may rescind the contract but cannot sue for damages.
• D) The innocent party cannot generally rescind a contract.

---

Definitions:

Discrete Random Variable

A type of random variable that can take on a countable number of distinct values, often used to model scenarios where outcomes are countable.

Expected Number

The calculated average or mean value of a numerical random variable, representing what one expects to happen over numerous trials.

Probability Distribution

A statistical function detailing all potential values and their probabilities for a random variable within a specific range.

Probability Distribution

A mathematical function which calculates the likelihood of various possible results in an experiment.