With Regard to the Law Concerning Misrepresentation, Which of the Following

question 179

Multiple Choice

With regard to the law concerning misrepresentation, which of the following is true?

• A) The case law provides a remedy for a wildly exaggerated claim, such as "This is the best car ever built."
• B) A statement of opinion can be a one-sided mistake.
• C) A misrepresentation can be a False assertion of fact that induces (persuades) the party to contract, and need not be an assertion about a term of the contract.
• D) For fraudulent misrepresentation, the buyer could ask only for the equitable remedy of rescission.
• E) A buyer could not be awarded the equitable remedy of rescission if the seller honestly believed that the misrepresentation was true.

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Definitions:

Denigrate

To unfairly criticize or disparage someone or something, often with the intent of undermining their credibility or reputation.

Critical Thinking

The objective analysis and evaluation of an issue in order to form a judgment, involving logic and reasoning skills.

Conformity

Adjusting one's behavior or thinking to match those of other people or a group standard.

Social Loafing

The phenomenon where individuals exert less effort to achieve a goal when they work in a group than when they work alone.