Identify the Difference Between a Case Involving Intentional Fraud and Innocent

question 90

Multiple Choice

Identify the difference between a case involving intentional fraud and innocent misrepresentation.

• A)The contractual remedy of rescission is not available in a misrepresentation case.
• B)A person committing innocent misrepresentation is liable for punitive damages for the tort of deceit.
• C)Reasonable reliance of the complaining party is not required in a fraud case.
• D)Materiality is not required in a fraud case.

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Definitions:

Hype

intensive promotional activities and advertising designed to create excitement or anticipation.

Authentic

Genuine or original, not copied or influenced by something else, often used in relation to products, experiences, or actions.

Pertinent Questions

Relevant or appropriate inquiries that are directly related to the subject at hand, aimed at eliciting information, clarifying doubts, or facilitating decisions.

Researching Company

The act of gathering information about a business, including its background, products, and financial health, typically for investment, employment, or partnership decisions.