The reasoning in innocent misrepresentation cases resembles the reasoning in a[n] ________ case.
A) Duress
B) Unilateral mistake
C) Mutual mistake
D) Fraudulent misrepresentation
E) Negligent misrepresentation

Question

Quizplus · Accepted Answer

Mutual mistake occurs when both parties to a contract are mistaken about a material fact. This mistake can lead to the contract being void or voidable. Innocent misrepresentation occurs when one party to a contract makes a false statement that is not intentional or negligent. This misrepresentation can also lead to the contract being void or voidable. The reasoning in both of these cases is similar because both involve a mistake that can lead to the contract being void or voidable.

The Reasoning in Innocent Misrepresentation Cases Resembles the Reasoning in A[n]