Misrepresentation of law will be allowed as grounds for rescission of the contract if one party to the contract is a professional who should know what the law is and intentionally misrepresents the law to a less sophisticated contracting party.

Question

Quizplus · Accepted Answer

This statement is true. When a professional intentionally misrepresents the law to a less experienced party, it is considered fraudulent misrepresentation and may be grounds for rescission of the contract.

Misrepresentation of Law Will Be Allowed as Grounds for Rescission