Which of the following is true of misrepresentation in contracts?
A) A mere untrue assertion is sufficient for proving misrepresentation.
B) Misrepresentation cannot result from an honest mistake or negligence.
C) Statements of opinion serve as a basis for rescission.
D) A victim has to show detriment from misrepresentation to cancel a contract.

Question

Quizplus · Accepted Answer

The courts do not allow a person who claims to have been victimized by a misrepresentation to cancel the contract unless he or she can show some detriment (injury) as a result of the misrepresentation.

Which of the Following Is True of Misrepresentation in Contracts