Which of the Following Is True of Misrepresentation in Contracts

question 46

Multiple Choice

Which of the following is true of misrepresentation in contracts?

• A) A mere untrue assertion is sufficient for proving misrepresentation.
• B) Misrepresentation cannot result from an honest mistake or negligence.
• C) Statements of opinion serve as a basis for rescission.
• D) A victim has to show detriment from misrepresentation to cancel a contract.

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Definitions:

Business Report

A document that presents information in a structured format for business purposes, including analysis and recommendations.

Collaborative Project

An endeavor undertaken by two or more individuals or groups working together towards a common objective or goal.

Writing Steps

The stages involved in producing a written document, typically including planning, drafting, revising, and editing.

Organize the Material

The process of arranging or structuring information and resources in a logical, easy-to-follow manner for effective presentation or use.