Mary has a little scam most everywhere she goes; she sells by saying anything.Her buyers just have woes.Which of the following is true with regard to misrepresentation?
A)In some types of misrepresentation there are no remedies available.
B)If Mary induces the buyer to buy by making a misrepresentation that she honestly thought was true,the buyer has no remedy in law or in equity.
C)For fraudulent misrepresentation,the buyer can be granted only the equitable remedy of rescission.
D)There are several remedies available in case law for an exaggerated claim made by Mary.
E)A misrepresentation can be made about a term of a contract and result in an award of rescission and/or damages.

Question

Quizplus · Accepted Answer

A misrepresentation can be made about a term of a contract and result in an award of rescission and/or damages. Option A is incorrect because there are remedies available for all types of misrepresentation. Option B is incorrect because even if Mary honestly believed her misrepresentation to be true, the buyer may still have a remedy if they relied on that misrepresentation. Option C is incorrect because in cases of fraudulent misrepresentation, the buyer may also be entitled to damages. Option D is incorrect because while there may be remedies available for an exaggerated claim, it depends on the specific circumstances of the case.

Mary Has a Little Scam Most Everywhere She Goes; She