Which of the Following Is True Regarding the Tort of Fraudulent

question 62

Multiple Choice

Which of the following is true regarding the tort of fraudulent misrepresentation?

• A) A party who makes fraudulent misrepresentations must intend that other parties rely upon the misrepresentations.
• B) The injured party must have reasonably relied upon the misrepresentations.
• C) The inured party must have suffered damages because of reliance upon the misrepresentations.
• D) A party who makes fraudulent misrepresentations must intend that other parties rely upon the misrepresentations; the injured party must have reasonably relied upon the misrepresentations; and the inured party must have suffered damages because of reliance upon the misrepresentations.
• E) None of these because there is no tort action for fraudulent misrepresentation; actions for fraud are encompassed within other tort actions.

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Definitions:

Workers' Union

An organization that represents the collective interests of employees, negotiating wages, work hours, and working conditions with employers.

Relative Price

The price of one good or service compared to another, usually considered in terms of opportunity cost.

Demand for Labor

The aggregate number of employees that employers intend and can employ at a particular rate of wages over a certain interval.

Total Product Schedule

A table or graph that shows the output produced by a firm with different quantities of variable input, holding all other inputs constant.