Which of the Following Apply to Contracts Involving Fraud

question 29

Multiple Choice

Which of the following apply to contracts involving fraud?

• A) The innocent party's assent is not genuine
• B) The misrepresentation was of a past or existing material fact.
• C) The intent to deceive the innocent party can be inferred from the circumstances
• D) All of these are correct.

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Definitions:

Mental Picture

An image or representation formed in the mind of something not currently being sensed.

Future Time

The concept or perception of time that lies ahead, including plans, expectations, and the anticipation of events that have not yet occurred.

Modeled Behavior

Actions or responses learned through observing and replicating the behavior of others.

Positive or Negative Consequences

Outcomes or effects that may be favorable or unfavorable as a result of an action or decision.