Asked by Megan McDermott on May 28, 2024
Verified
Which of the following is not required to prove innocent representation?
A) The fact asserted was material.
B) The complaining party entered the contract because of his reliance on the fact asserted.
C) The complaining party's reliance was reasonable.
D) The fact asserted constituted a mistake of law.
Innocent Representation
A truthful statement or declaration made without the intent to deceive, typically relevant in contracts or negotiations.
Mistake Of Law
An error made by a person in understanding the law as it pertains to their actions or a situation.
Reasonable Reliance
The dependence by one party on the representations or promises of another where such reliance is logically or legally justifiable.
- Clarify the distinctions among innocent, deceitful, and inadvertently false representations.
- Understand the legal consequences and remedies associated with misrepresentation and fraud.
Verified Answer
Learning Objectives
- Clarify the distinctions among innocent, deceitful, and inadvertently false representations.
- Understand the legal consequences and remedies associated with misrepresentation and fraud.
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