Steven Makes a Material Misrepresentation of Fact Regarding His Motorcycle

question 32

Multiple Choice

Steven makes a material misrepresentation of fact regarding his motorcycle to Thelma who agrees to buy the motorcycle based upon the misrepresentation. This contract is:

• A) void.
• B) voidable.
• C) executed.
• D) unenforceable.

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Definitions:

Regulatory Statutes

Laws established to control, direct, or manage activities, often implemented by governmental agencies.

Protection of the Public

Policies and measures implemented to safeguard the general populace from harm, including health, safety, and welfare concerns.

Competitions

Events or activities where individuals or groups vie against each other to achieve a goal or win a prize.

Unconscionable

Describes actions or terms that are so unjust or overwhelmingly one-sided that they are considered contrary to fair play.