Misrepresentation Can Affect the Contract Only If the Misrepresentation Is

question 83

Multiple Choice

Misrepresentation can affect the contract only if the misrepresentation is

• A)known by the defendant.
• B)negligent or fraudulent.
• C)in writing,not oral.
• D)prior to the contract negotiations.
• E)a statement of fact,not opinion.

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Definitions:

Management Accounting Information

Data used by managers to make decisions regarding the daily operations of a company, including budgeting, forecasting, and performance evaluation.

Financial Accounting

The branch of accounting that focuses on recording, summarizing, and reporting a firm's financial transactions to external parties through financial statements.

Control Phase

A stage in process management or project management where performance is monitored and compared against planned goals to identify and implement corrective actions.

Assign Tasks

The process of allocating specific duties or responsibilities to individuals or teams within an organization.