A Misrepresentation Is an Inaccurate Statement That Is

question 69

Multiple Choice

A misrepresentation is an inaccurate statement that is:

• A)A written term of a contract.
• B)Made after a contract has been made.
• C)Always made by a person clearly knowing that it is false.
• D)Made before a contact and written down as part of the contract terms.
• E)Made about a key term that induced the contract

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Definitions:

Duty To Serve

An obligation or requirement for certain institutions to provide services to underserved markets or populations.

Hiring A Person

The process of engaging an individual for employment or the provision of services under terms and conditions.

Double Compensation

The act of receiving two separate forms of payment or reimbursement for the same expense or loss.

Partner Competes

An act where a partner engages in a business activity that competes with the business of the partnership, potentially violating their fiduciary duty.