Asked by Abobakr Kamal on Jun 13, 2024
Verified
What is the significance of determining that the misrepresentation was negligent rather than innocent?
Negligent Misrepresentation
A false statement made carelessly that causes someone to incur a loss or damage, often addressed in cases of fraud or deceit.
Innocent Misrepresentation
A false statement made without knowledge of its falsity, leading another to enter into a contract under false beliefs.
- Distinguish between different types of misrepresentation (fraudulent, negligent, and innocent) and understand the remedies available.
Verified Answer
AP
Archil PipwalaJun 18, 2024
Final Answer :
The remedy of damages will be available as well as rescission.
Learning Objectives
- Distinguish between different types of misrepresentation (fraudulent, negligent, and innocent) and understand the remedies available.
Related questions
Where Fraudulent Misrepresentation Is Involved, the Victim Can Obtain Rescission ...
Which Result Is Most Likely in the Dispute Between Jen ...
With Negligent Misrepresentation,even Though There Was No Actual Intent to ...
A Negligent Misrepresentation Results When the Party Making the Statement ...
Pet Pig Farm ...