"Where Fraudulent Misrepresentation Is Involved,the Victim Can Obtain Rescission And/or

question 164

Short Answer

"Where fraudulent misrepresentation is involved,the victim can obtain rescission and/or damages but where innocent misrepresentation is involved,the only remedy is damages." Discuss the accuracy of this statement.

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Definitions:

Beneficence

The ethical principle of acting to benefit others, promoting their well-being.

Rational Duty

A principle requiring individuals to act according to reason and logic in fulfilling their obligations or duties.

Kant

Immanuel Kant, an 18th-century German philosopher known for his work in epistemology, ethics, and aesthetics, particularly his formulation of the categorical imperative and contributions to deontological ethics.

Healthcare

The organized provision of medical care to individuals or a community, including preventive, curative, and palliative services.