The contract for an Oakville property had been signed by both parties. Which of the following is necessary for the contract to be set aside on the grounds of misrepresentation?
A) The misrepresentation must have been a false statement of a fact; false statements of opinion are never misrepresentations.
B) The misrepresentation must have been a term of the contract.
C) The misrepresentation must have induced the party to enter the contract.
D) The misrepresentation must have been in writing.
E) The misrepresentation must have been made recklessly or wilfully.
C) The misrepresentation must have induced the party to enter the contract.
You might also like to view...
In a traditional auction, the winner ______.
is the supplier with the lowest bid is the supplier with the highest bid is the buyer with the highest bid is the buyer with the lowest bid
Which statement below about a corporation's reputation is true?
A) Most corporate leaders clearly understand the reputations of their companies. B) Reputation of a company is not important for individuals seeking employment at a company. C) The reputation is vulnerable to both internal and external negative events. D) In the past decade most consumers have expressed greater trust and respect for various corporations, meaning the reputations have improved.