____ is quite similar to fraud; it requires a false statement to significantly influence the making of a contract:
A) materiality
B) influence
C) misrepresentation
D) voidable contract
E) none of the other choices

Question

Quizplus · Accepted Answer

Misrepresentation is the act of making a false statement that significantly affects the terms of a contract. This is similar to fraud, which also involves false statements made with the intention of influencing a contract. Materiality refers to the importance of the false statement in the contract, while influence is the effect that the false statement has on the contract. Voidable contract refers to a contract that can be legally avoided or canceled by one or both of the parties involved.

____ Is Quite Similar to Fraud; It Requires a False