Which of the Following Is True of Misrepresentation

question 20

Multiple Choice

Which of the following is true of misrepresentation?

• A)Innocent misrepresentation is grounds for the aggrieved party to sue for damages.
• B)Misrepresentation of law is not actionable as fraud.
• C)Innocent misrepresentation cannot be treated as a mutual mistake.
• D)Misrepresentation of law can never be grounds for rescission of the contract.

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Definitions:

Cost of Arbitration

The financial expenses associated with arbitrating disputes, including fees for arbitrators, administrative costs, and any other relevant expenses pertaining to the arbitration process.

Split

A division or separation into two or more parts, factions, or groups, often used to describe splits within organizations or political entities.

Management and Union

A dynamic relationship between company executives or administration and the organized workforce's representatives aimed at negotiating work terms.

Contract Language

The specific wording used within a contract that precisely defines the obligations, rights, and terms between the parties involved.