The Difference Between a Negligent Misrepresentation and a Fraudulent Misrepresentation

question 9

Multiple Choice

The difference between a negligent misrepresentation and a fraudulent misrepresentation is that

• A)a fraudulent misrepresentation requires only a breach of duty of care and skill,while a negligent misrepresentation requires at least some guilty knowledge or willful disregard of the falsity of information provided.
• B)a negligent misrepresentation requires only a breach of duty of care and skill,while a fraudulent misrepresentation requires at least some guilty knowledge or willful disregard of the falsity of information provided.
• C)there is no practical difference between a fraudulent misrepresentation and a negligent misrepresentation.
• D)a fraudulent misrepresentation does not require guilty knowledge or willful disregard of the falsity of information provided,while a negligent misrepresentation does.
• E)a negligent misrepresentation does not require a breach of duty of care and skill,while a fraudulent misrepresentation does.

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Definitions:

Long Integer

A data type in computer programming that stores larger integer values compared to a standard integer type, varying by programming language.

Field Size

In database management, it refers to the maximum amount of data that can be stored in a database field.

Byte

A byte is a unit of digital information that typically consists of 8 bits, used to encode a single character of text in a computer.

Decimal Places

The tally of digits found on the right side of the decimal point in a number, showing its precision level.