Asked by Stanley Little on Jun 18, 2024
Verified
For a misrepresentation to be actionable, it must become a term of the contract.
Misrepresentation
False or misleading statements made about a significant fact, which induce another party to enter into a contract or agreement.
Contractual Term
A contractual term is a provision or condition that forms part of a contract, outlining the rights and duties of the parties involved.
- Assess the repercussions of false misrepresentation on the enforceability of agreements.
Verified Answer
AE
Alicia EspinosaJun 19, 2024
Final Answer :
False
Explanation :
Misrepresentation does not need to become a term of the contract to be actionable; it simply needs to be a false statement of fact that induces the other party to enter into the contract.
Learning Objectives
- Assess the repercussions of false misrepresentation on the enforceability of agreements.