A Contract Can Be Rescinded If There Was Fraudulent or Negligent

question 11

True/False

A contract can be rescinded if there was fraudulent or negligent misrepresentation, but not if there was innocent misrepresentation.

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Definitions:

Brand Loyalty

The tendency of consumers to continually purchase the same brand's products or services over time due to positive experiences and perceived value.

Market Segmentation Strategies

The process of dividing a broad consumer or business market into sub-groups based on shared characteristics, to tailor marketing strategies effectively.

Advantages and Disadvantages

A comparison of the positive aspects and drawbacks of a particular decision, product, or strategy.