2 points QUESTION 48 The elements of misrepresentation are ordinarily given as misrepresentation of a material fact justifiably relied on to the detriment of the person relying True False 2 points Sa QUESTION 49 The doctrine of promissory estoppel does NOT require ank promise significant reliance on a promise. injustice as a result of reliance. consideration. 2 points QUESTION 50 The practical difference between the remedies for misrepresentation and fraud is that: a victim of misrepresentation can sue for punitive damages, whereas a victim of fraud cannot a victim of fraud can sue for punitive damages as well as for damages from the tort of deceit. a victim of fraud cannot sue for punitive damages a victim of misrepresentation cannot rescind the contract