Question: Representations are important devices in contracts to correct information imbalances and allocate risks between the parties.Which of the following is NOT an element required for
Representationsare important devices in contracts to correct information imbalances and allocate risks between the parties.Which of the following is NOT an element required for a statement to be aRepresentation?
Group of answer choices
The person making the statement must intend for the recipient to rely upon it
The statement must be true
The statement must be made with reference to a specific past or present time
The statement must pertain to a fact, not an opinion
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