Asked by cristian sanchez on Jul 29, 2024
Verified
A fact is considered to be material in a misrepresentation case when:
A) the misrepresentation is considered to be innocent.
B) it plays a significant role in inducing a person to enter into a contract.
C) it is relied upon by a person,even though it could not possibly be true.
D) it is similar to an opinion or promise about some future happening.
Material
Referring to facts or information that are significant or essential to the issue or subject at hand.
Misrepresentation
A false statement of fact made by one party to another, which, while not constituting a term of the contract, induces the other party to enter the contract.
Inducing
The act of persuading or leading someone to undertake a certain action, often with implications in legal contexts like contracts or torts.
- Comprehend the importance of materiality in cases of misrepresentation and its role in facilitating the formation of contracts.
Verified Answer
Learning Objectives
- Comprehend the importance of materiality in cases of misrepresentation and its role in facilitating the formation of contracts.
Related questions
Which of the Following Statements,if False,is Most Likely to Create ...
To Obtain Relief for Negligent or Innocent Misrepresentation, the Elements ...
Sam Agreed to Buy Property from Joe to Build a ...
A Misrepresentation Involves One Person Making a False Statement of ...
Where Fraudulent Misrepresentation Is Involved, the Victim Can Obtain Rescission ...