Multiple Choice
Is the impact of negligent misrepresentation the same as that for fraudulent misrepresentation?
A) Yes, they are identical. The contract is void as a matter of law.
B) Yes, they are identical. The contract can be rescinded.
C) Yes, they are identical. The contract can be rescinded, but the misled party cannot sue for damages.
D) No, in negligent misrepresentation, the contract is void. In a case of fraudulent misrepresentation, the contract can be rescinded.
E) No, in fraudulent misrepresentation, the contract is void. In a case of negligent misrepresentation, the contract can be rescinded.
Correct Answer:

Verified
Correct Answer:
Verified
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