Asked by Sarah Randolph on Apr 27, 2024

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A party to a contract who seeks to rescind the contract because of that party's reliance on the unintentional but materially false statements of the other party will assert:

A) reformation.
B) actual fraud.
C) misrepresentation.
D) constructive fraud.

Unintentional

An action or outcome that occurs without a deliberate plan or purpose.

Materially False

Statements or representations that are significantly untrue or misleading, often in a legal or financial context.

Misrepresentation

The act of providing false or misleading statements that induce someone to enter into a contract.

  • Identify the distinctions between concealment, nondisclosure, and misrepresentation in the context of contract law.
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PS
Patrycja SzymikMay 03, 2024
Final Answer :
C
Explanation :
Generally when there are unintentional but materially false statements by a party in a contract,the case will be considered to be one of misrepresentation.