A fraudulent misrepresentation:
A)must be material to obtain rescission.
B)must be material to recover damages.
C)may be innocent, meaning the representation was made without knowledge of its falsity but with due care.
D)need not have the element of scienter.

Question

Quizplus · Accepted Answer

Fraudulent misrepresentation must be material to recover damages because it involves a false statement that is significant enough to influence the decision of the party being misled.

A Fraudulent Misrepresentation