Misrepresentation Must Be Fraudulent Before Rescission Can Be Permitted

question 118

True/False

Misrepresentation must be fraudulent before rescission can be permitted.

---

Definitions:

Triangle Arbitrage

Triangle arbitrage involves exploiting an arbitrage opportunity resulting from a pricing discrepancy among three different currencies in the foreign exchange market.

Canadian Dollar

The official currency of Canada, represented by the symbol C$ or CAD, and is one of the world's major currencies traded in financial markets.

Currencies

Currencies are the system of money in general use in a particular country, region, or economic area, facilitating the exchange of goods and services.

Eurobond

International bonds issued in multiple countries but denominated in a single currency (usually the issuer’s currency).