A ________ is a false representation of a material fact that is consciously false and intended to mislead the other party.
A)negligent misrepresentation
B)fraudulent misrepresentation
C)defalcation
D)negligent misrepresentation,fraudulent misrepresentation,or defalcation
E)fraudulent misrepresentation or defalcation,but not a negligent misrepresentation,

Question

Quizplus · Accepted Answer

A fraudulent misrepresentation is a false representation of a material fact that is consciously false and is intended to mislead the other party.Fraudulent misrepresentation is intentional misrepresentation.The party making the misrepresentation either knows or believes that the factual claim is false or knows that there is no basis for the assertion.

A ________ Is a False Representation of a Material Fact