What is a misrepresentation?

Select one:

a.A false statement of fact or opinion which induces a party to enter the contract

b.A false statement of fact or law which induces a party to enter the contract

c.A false statement of fact or opinion which the representee relies upon

d.A term of the contract which is false or misleading

e.A false statement of fact which induces a party to enter a contract

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Which of the following statements about fraudulent misrepresentationare true?

Select one or more:

a.A deliberately false statement that induces someone to enter a contract

b.A recklessly false statement that induces someone to enter the contract

c.A negligently false statement that induces someone to enter a contract

d.A statement by a known fraudsterthat induces someone to enter the contract

e.A knowingly false statement that induces someone to enter a contract

X contracted to sell cherries at $10 each to Y when the negotiations concerned the price of cherries per kilo.The contract was void for

Select one:

a.common mistake

b.unilateral mistake

c.mutual mistake

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Jen gave Tim an option to purchase 10 cakes for $15. Tim knew she was mistakenand exercised the option to purchase but Jen refused to sell the cakes because she thought the price was $15 per cake, making the total price $150. This most closely resembles

Select one:

a.common mistake

b.unilateral mistake

c.duress

d.misrepresentation

e.mutual mistake

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