With Regard to the Law Concerning Misrepresentation, Which of the Following

question 54

Multiple Choice

With regard to the law concerning misrepresentation, which of the following is true?

• A) A statement of opinion can be a one-sided mistake.
• B) The case law provides a remedy for a wildly exaggerated claim, such as "This is the best car ever built."
• C) For fraudulent misrepresentation, the buyer could ask only for the equitable remedy of rescission.
• D) A misrepresentation can be a false assertion of fact that induces (persuades) the party to contract, and need not be an assertion about a term of the contract.
• E) A buyer could not be awarded the equitable remedy of rescission if the seller honestly believed that the misrepresentation was true.

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Definitions:

Attributes

Qualities, characteristics, or properties that are considered inherent to or characteristic of someone or something.

Associations

The mental connections or relations between ideas, feelings, sensations, or memories.

Learned Helplessness

A condition in which an individual learns to feel helpless and passive in the face of aversive situations, due to a history of uncontrollable events.

Situational

Referring to or determined by environmental circumstances or conditions, often used in contexts discussing behavior or performance.