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Representations are important devices in contracts to correct information imbalances and allocate risks between the parties.Which of the following is NOT an element required for

Representationsare important devices in contracts to correct information imbalances and allocate risks between the parties.Which of the following is NOT an element required for a statement to be aRepresentation?

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The person making the statement must intend for the recipient to rely upon it

The statement must be true

The statement must be made with reference to a specific past or present time

The statement must pertain to a fact, not an opinion

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