If a party can prove only misrepresentation,the remedy available to the injured party is to:
A) extend the contract.
B) bring suit for damages.
C) accept the contract.
D) cancel the contract.

Question

Quizplus · Accepted Answer

If a party can only prove misrepresentation, the remedy available to the injured party is to cancel the contract. This means that the party can rescind the contract and be released from any further obligations under it. The injured party may also be entitled to receive compensation for any losses or damages suffered as a result of the misrepresentation. However, the party cannot extend or accept the contract since misrepresentation implies that the contract was entered into under false pretenses. Bringing suit for damages may be a possible option, but the primary remedy would be to cancel the contract.

If a Party Can Prove Only Misrepresentation,the Remedy Available to the Injured