Question: TRUE or FALSE: The law draws a sharp distinction between innocent misrepresentations and fraudulent misrepresentations. If you ( the seller ) intended to misrepresent the

TRUE or FALSE: The law draws a sharp distinction between innocent misrepresentations and fraudulent misrepresentations. If you (the seller) intended to misrepresent the nature or quality of your goods to a potential purchaser, you've committed a fraudulent misrepresentation, and the purchaser may avoid the contract (that is, he'll be able to ignore / get out of the contract, and you won't be able to successtuly sue him), However, consistent with notions of fainess and ethics, if you committed the misrepresentation innocently (for example, you relayed incorrect information about the goods that you honestly and reasonably believed was true), the purchaser cannot avoid the contract.

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