Steven Intentionally Makes a Material Misrepresentation of Fact Regarding His

question 1

Multiple Choice

Steven intentionally makes a material misrepresentation of fact regarding his motorcycle to Thelma who agrees to buy the motorcycle based upon the misrepresentation.This contract is:

• A) void.
• B) voidable.
• C) executed.
• D) unenforceable.

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Definitions:

Failure of the Forklift

Failure of the forklift refers to the breakdown or malfunctioning of a forklift vehicle, which can impact operations, primarily in warehousing and logistics.

Limit Negotiability

Refers to conditions or restrictions that impair the ability to freely transfer or negotiate a financial instrument.

Indorsement

A signature or note on a document (such as a cheque or bill of exchange) that specifies the future control or ownership of the document.

Payee's Name

The name of the individual or entity to whom payment is to be made on a check, draft, or other financial instrument.