The remedies of damages and rescission are available for:
A)fraudulent misrepresentation.
B)negligent misrepresentation.
C)innocent misrepresentation.
D)All of the above.

Question

Quizplus · Accepted Answer

The remedies of damages and rescission are available for all three types of misrepresentation - fraudulent, negligent, and innocent. In cases of fraudulent misrepresentation, the injured party may claim damages and also seek rescission of the contract. In cases of negligent misrepresentation, the injured party may claim damages and also seek rescission if the misrepresentation was made recklessly or intentionally. In cases of innocent misrepresentation, the injured party may claim damages or seek rescission if the other party had a duty to disclose information but failed to do so.

The Remedies of Damages and Rescission Are Available For