The Remedies of Damages and Rescission Are Available For

question 51

Multiple Choice

The remedies of damages and rescission are available for:

• A) material fraudulent misrepresentation.
• B) negligent misrepresentation.
• C) innocent misrepresentation
• D) All of these .

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Definitions:

Incremental Revenues

Additional revenue that a company generates from selling more units of its products or services.

Special Order

A request for a product or service that is not part of a company’s standard offering, often requiring customization or special handling.

Opportunity Cost

The potential benefits an individual, investor, or business misses out on when choosing one alternative over another.

Opportunity Cost

The foregone benefit that would have been derived by an option not chosen.