Multiple Choice
Heather chooses to buy a scarf at Macy's and reads the price on the tag as $50. She uses her credit card to pay for the scarf, but post-purchase, she notices that the price tag actually says $500. This is an instance of a(n) ________.
A) bilateral mistake
B) mutual mistake of value
C) innocent misrepresentation
D) unilateral mistake
Correct Answer:
Verified
Correct Answer:
Verified
Q42: A misrepresentation is considered fraud even if
Q43: If an innocent misrepresentation has been made,
Q44: To be actionable as fraud, the misrepresentation
Q45: Which of the following is generally NOT
Q46: A unilateral mistake occurs if both parties
Q48: _ is an event that occurs when
Q49: Physical duress occurs when there is physical
Q50: Intentional misrepresentation is commonly referred to as
Q51: Duress is said to have occurred only
Q52: Fraud in the factum occurs if a