Which of the Following Constitutes a Misrepresentation That Would Not

question 59

Multiple Choice

Which of the following constitutes a misrepresentation that would not allow the courts to award the equitable remedy of rescission?

• A) A man who contracted for an insurance policy did not state on the application form that he had been treated for cancer. He died from the cancer two months later.
• B) The seller concealed the broken drawer of the desk from the buyer. He would not be able to see it until he got it home.
• C) The seller was persuaded to buy the car by a misrepresentation that it had the fewest repairs of any car of its class. After the buyer learned of the truth, he kept the car for three weeks to get some benefit from it before taking it back.
• D) The seller persuaded the buyer to buy the car by misrepresenting it as having just been serviced and passing emissions tests. Neither had been done, but the seller honestly believed both had been done.
• E) None of the above.

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Definitions:

Precision

The consistency of outcomes given by multiple measurements in the same conditions without any variation.

Confidence Interval

A scope of values, derived from sampling data analysis, intended to cover the value of an unknown parameter in a population.

Sample Size

The count of observations or duplicates that are part of a statistical sample.

Confidence Interval

A range of values, derived from sample statistics, that is likely to contain the value of an unknown population parameter at a given confidence level.