If an agent is liable for fraudulent misrepresentation in making a contract, the third party may rescind the contract. And if the agent was acting within his apparent authority, the third party may sue the principal as well as the agent for

Question

Quizplus · Accepted Answer

The third party may sue the agent and principal for the tort of deceit, which is another term for fraudulent misrepresentation. This allows the third party to seek damages for the harm caused by the agent's false statements. The other options do not accurately reflect the situation described in the question.

If an Agent Is Liable for Fraudulent Misrepresentation in Making