Which of the Following Is True Regarding the Effect of an Innocent

question 64

Multiple Choice

Which of the following is true regarding the effect of an innocent misrepresentation on a contract?

• A)The contract is automatically void and of no effect,and the party who was misled may recover damages.
• B)It permits the party that was misled by the false statement to rescind the contract,but damages are not available.
• C)It permits either the party that was misled by the false statement or the party who made the false statement to rescind the contract.
• D)It permits either the party that was misled by the false statement or the party who made the false statement to rescind the contract,and it also makes the contract void and of no effect.
• E)It permits the party who made the false statement to rescind the contract.

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Definitions:

High Intelligence

The possession of elevated cognitive abilities or an above-average score on various standardized tests designed to measure intelligence.

Cognitive Model

A framework in psychology that explains mental processes, behaviors, and disorders through the examination of mental functions and thought processes.

Unconditioned Stimulus

An unconditioned stimulus is a stimulus that naturally and automatically triggers a response without prior learning.

Stimulus Discrimination

The ability to distinguish between different stimuli, even if they are similar, often used in the context of learning and behavior modification techniques.