A[n] ________ Is a False Representation of a Material Fact

question 44

Multiple Choice

A[n] ________ is a false representation of a material fact that is consciously false and intended to mislead the other party.

• A) Negligent misrepresentation
• B) Fraudulent misrepresentation
• C) Scienter misrepresentation
• D) Acknowledged misrepresentation
• E) True misrepresentation

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Definitions:

Principal

In finance, refers to the original sum of money borrowed in a loan, or invested, separate from interest or profit.

Corresponding Right

A right that matches or is equivalent to an obligation, duty, or entitlement in a jurisprudential context.

Indemnify

To compensate for harm or loss sustained, or to protect someone by promising to compensate for the damage or loss they might incur.

Tort Claim

A legal claim arising from an act or omission that causes harm or injury, which is not derived from a contract breach.