Which of the Following Is Not a Type of Misrepresentation

question 16

Multiple Choice

Which of the following is not a type of misrepresentation that makes a contract voidable by the innocent party?

• A)Fraudulent misrepresentation
• B)Negligent misrepresentation
• C)Culpable misrepresentation
• D)Innocent misrepresentation

---

Definitions:

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance.

Activity Changes

Adjustments or variations in the level of a company's activities, such as production volume or sales, that can impact its costs and operational efficiency.

Straight-Line Depreciation

A method for distributing the cost of a solid asset in even annual payments throughout its effective life.

Insurance Premiums

The amount of money that an individual or business must pay for an insurance policy.