A false statement about a fact material to an agreement that the person making the statement believed to be true is considered a(n)________.
A)commercial disparagement
B)innocent misrepresentation
C)fraudulent misrepresentation
D)scienter-based misrepresentation
E)criminal misrepresentation

Question

Quizplus · Accepted Answer

An innocent misrepresentation is a false statement about a fact material to an agreement that the person who made the statement believed to be true.The person who made the false statement had no knowledge of the falsity of the claim.

A False Statement About a Fact Material to an Agreement