For the injured party to claim fraud,he or she must prove all of the following of the statement or act EXCEPT that it:
A) was a misstatement or nondisclosure of a material fact.
B) was made with no knowledge of its falsity or with reckless disregard of its truth.
C) was relied on by the injured party.
D) resulted in loss to the injured party.
Correct Answer:
Verified
Q2: There is no remedy for the injured
Q2: For a contract to be dissolved because
Q4: Duress is the act of applying unlawful
Q5: Misdemeanor is the intentional misstatement or nondisclosure
Q7: Genuineness, or reality of an agreement, is
Q8: The "take-it-or-leave-it" contracts are quite common and
Q9: The intentional misstatement or nondisclosure of a
Q10: In the eyes of the law, a
Q18: When the misstatement is made knowingly or
Q19: A person who has power and abuses
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