Steven intentionally makes a material misrepresentation of fact regarding his motorcycle to Thelma who agrees to buy the motorcycle based upon the misrepresentation.This contract is:
A) void.
B) voidable.
C) executed.
D) unenforceable.

Question

Quizplus · Accepted Answer

The contract is voidable because Thelma can choose to either rescind the contract and return the motorcycle, or choose to keep the motorcycle and seek damages for the misrepresentation. The contract is not void because Thelma agreed to buy the motorcycle based on the misrepresentation. The contract is not executed because the obligations under the contract have not been fully performed. The contract is not unenforceable because it is still valid, but can be voided by Thelma.

Steven Intentionally Makes a Material Misrepresentation of Fact Regarding His