Examlex
Based on information provided in the tree below, which of the following statement(s) is/are accurate?
Fraudulent Misrepresentation
A false statement made knowingly, without believing in its truth, or recklessly, with the intention to deceive and induce another party to enter into a contract.
Liable
Liable means being legally responsible for something, typically involving financial compensation or another form of restitution.
Reliance
The act of relying or depending on something, often related to a belief or action based on certain expectations or promises.
Damages
Damages are a monetary sum awarded to a party in a lawsuit as compensation for injury or loss suffered due to the action or inaction of another.
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