BUSINESS ADMINISTRATION
BUSINESS LAW
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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For misrepresentation, which of the following elements need not be proven?
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false statement of fact
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the fact must be material
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the statement must be relied up
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all of the above must be shown
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Explanation:
Detailed explanation-1: -(1) The defendant made a false representation of a past or existing material fact susceptible of knowledge. (2) The defendant did so knowing the representation was false, or without knowing whether it was true or false. (3) The defendant intended to induce the plaintiff to act in reliance on that representation.
Detailed explanation-2: -To prove it, a plaintiff must show a negligent misstatement of fact that is material and justifiably relied upon.
There is 1 question to complete.