When the Misstatement Is Made Knowingly or Recklessly, It Amounts

question 9

Multiple Choice

When the misstatement is made knowingly or recklessly, it amounts to:

• A) fraud.
• B) mistake.
• C) misrepresentation.
• D) duress.

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Definitions:

Great Minneapolis Surplus Store

A widely cited legal case involving offer and acceptance in contract law.

Valid Offer

An expression of willingness to enter into a contract on specified terms, made with the intention that it will become binding as soon as it is accepted by the person to whom it is addressed.

Invitation

A formal or polite request to attend an event or participate in something.

Propaganda Model

The assertion that media companies, as businesses, will transmit content that reflects their commercial interests.