Agent Gerald writes a $$250,000$ Life Insurance policy. He gives the insured a binding receipt and tells the insured that the receipt provides coverage through the underwriting period. Gerald fails to inform the insured that the receipt limits the insurer's liability during this period to $$100,000.$ Agent Gerald has:

A$.$ intentionally misrepresented the terms of the receipt

B$.$ fulfilled his responsibility to his new client.

C$.$ likely violated the terms of his agency contract.

D$.$ been negligent in his duty to his new client.