Misrep Flashcards
1
Q
definition
A
when a party to a contract makes untrue statement that other party relies on and is induced by
2
Q
step 1
A
identify the lie
opinion- bisset
actions- spice girls
3
Q
step 2
A
Did the party induce the other party to enter the contract (atwood)
4
Q
step 3
A
what type of misrep
fraudulent
negligent
innocent
5
Q
remedies
A
recession
damages