"A Misrepresentation Involves One Person Making a False Statement of Fact

question 131

Short Answer

"A misrepresentation involves one person making a false statement of fact that misleads another and induces that person to enter into the contract." Discuss the accuracy of this statement.

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Definitions:

Franchisor

A franchisor is a company that grants an individual or group the rights to run a business location using its brand, business model, and guidelines.

Franchisee

An individual or company that is granted the right by a franchisor to do business under a recognized brand name and operational system.

Logistics Management

The administration of the flow of goods between the point of origin and the point of consumption to meet customer or corporation requirements.

Flow

In psychology and user experience, a state where people are fully immersed and focused on what they are doing.