Asked by
Andrea Umali
on Nov 21, 2024
Verified
The statement of fact need not be an actual assertion for fraudulent misrepresentation to be the basis for a contract rescission.
Assertion
An assertion is a confident and forceful statement of fact or belief.
- Familiarize yourself with the differences that lie between nondisclosure, innocent misrepresentation, and fraudulent misrepresentation and understand how each affects contractual obligations.
Verified Answer
AB
Learning Objectives
- Familiarize yourself with the differences that lie between nondisclosure, innocent misrepresentation, and fraudulent misrepresentation and understand how each affects contractual obligations.
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