A contract can be rescinded if there was fraudulent or negligent misrepresentation, but not if there was innocent misrepresentation.

Name: A contract can be rescinded if there was fraudulent or negligent misrepresentation, but not if there was innocent misrepresentation.
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Question

Quizplus · Accepted Answer

A contract can be rescinded for any type of misrepresentation, including fraudulent, negligent, or innocent, as long as the misrepresentation induced the other party to enter into the contract.

A Contract Can Be Rescinded If There Was Fraudulent or Negligent