Asked by Brayan Patlan on Apr 26, 2024
Verified
With negligent misrepresentation,even though there was no actual intent to deceive,the party making the false statement is treated in contract law as if the intent were present.
Negligent Misrepresentation
A false statement made carelessly that is relied upon by others, leading to their financial loss.
- Discern among distinct categories of misrepresentations (fraudulent, negligent, innocent) and grasp the outcomes associated with each.
Verified Answer
TJ
Tatyana JonesMay 03, 2024
Final Answer :
True
Explanation :
Even though negligent misrepresentation involves no actual intent to deceive,the party making the false statement is treated in contract law as if the intent were present.The impact of negligent misrepresentation is identical to that of fraudulent misrepresentation,and the injured party can sue for damages.
Learning Objectives
- Discern among distinct categories of misrepresentations (fraudulent, negligent, innocent) and grasp the outcomes associated with each.
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