"Where Fraudulent Misrepresentation Is Involved, the Victim Can Obtain Rescission

question 120

Essay

"Where fraudulent misrepresentation is involved, the victim can obtain rescission and/or damages but where innocent misrepresentation is involved, the only remedy is damages." Discuss the accuracy of that statement.

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Definitions:

Overinflated Sense

An overinflated sense refers to an excessively high or exaggerated opinion of oneself or one's abilities.

Clinical Depression

A psychological condition marked by a continuous low mood or a lack of enjoyment in pursuits, leading to noticeable disruption in everyday functioning.

Communicating

The process of conveying information, ideas, emotions, skills, and understanding through the use of verbal or nonverbal means.

Overwhelming

A feeling of being completely overcome or overpowered by emotions, tasks, or circumstances.