A person who claims to have been victimized by a misrepresentation may cancel the contract only if he/she can show some detriment as a result of the misrepresentation.

Question

Quizplus · Accepted Answer

This is correct. In most cases, a person who claims to have been victimized by a misrepresentation can cancel the contract only if they suffered some detriment or harm as a result of the misrepresentation. This is usually referred to as "detrimental reliance."

A Person Who Claims to Have Been Victimized by a Misrepresentation