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:

Americans

Refers to the citizens or nationals of the United States of America, or aspects relating to them.

Older Women

Refers to women who are advanced in age, typically entering or within the senior years, and facing unique social, health, and economic challenges.

Institutional Care Facilities

Institutions providing long-term care for individuals, such as the elderly or those requiring special medical or psychological attention.

Older People

Individuals who are in an advanced stage of life, often characterized by increased experience, wisdom, and possibly facing unique health and social challenges.