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1. Explain how fraudulent, negligent, and innocent misrepresentations differ. Identify the remedies that are available for each type of misrepresentation. 2. Define frustration. List three

1. Explain how fraudulent, negligent, and innocent misrepresentations differ. Identify the remedies that are available for each type of misrepresentation.

2. Define frustration. List three ways in which frustration can take place.

3. How can a promoter avoid personal liability for pre-incorporation contracts?

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