The Contract for the Surrey Property Had Been Signed by Both

question 81

Multiple Choice

The contract for the Surrey property had been signed by both parties.Which of the following is necessary for the contract to be set aside on the grounds of misrepresentation?

• A) The misrepresentation must have been a false statement of a fact; false statements of opinion are never misrepresentations.
• B) The misrepresentation must have been a term of the contract.
• C) The misrepresentation must have induced the party to enter the contract.
• D) The misrepresentation must have been in writing.
• E) The misrepresentation must have been made recklessly or wilfully.

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Definitions:

Values

Fundamental beliefs or standards that guide behavior and decision-making in individuals or organizations.

Weak Organizational Culture

A situation where an organization's values, beliefs, and behaviors are not strongly shared or practiced among its members, leading to lack of unity and direction.

Subculture Elitism

The belief or attitude that one's own subculture is superior to others, often leading to exclusivity and discrimination.

Warfare among Subcultures

The conflicts or competition occurring between different subgroups within a broader culture, often marked by differing values or beliefs.