Answered step by step
Verified Expert Solution
Question
1 Approved Answer
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?
Group of answer choices
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
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started