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If the Seller of a Product Makes a Misrepresentation of Law

Question 76

Multiple Choice

If the seller of a product makes a misrepresentation of law that the buyer relies upon,can the buyer rescind the contract?


A) Yes; this is considered to be fraud by concealment.
B) Yes; this is considered to be fraud in the inducement.
C) Yes; this is considered to be fraud in the inception.
D) No; each party to the contract is assumed to know the law that applies.
E) Not unless the buyer contacted his attorney.

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