Question
Which of the following is NOT one of the six defenses to negligent misrepresentation? Good faith No detrimental reliance on statement Opinion No damages Truth
Which of the following is NOT one of the six defenses to negligent misrepresentation?
Good faith
No detrimental reliance on statement
Opinion
No damages
Truth
Which of the following is correct about fraud?
If someone is honestly unaware that their statement is false, they can still be liable for fraud if they should have known.
Fraud can occur through omission, such as not telling someone that you are not the owner of an armoire.
Claiming that a car is "the best car in the world" could be fraud.
Fraud is always a civil action, never a criminal action.
Which of the following is true regarding the case on page 16, Federal Land Bank Ass'n of Tyler v. Sloane?
The trial court holding that the Sloanes justifiably relied on the defendant's statement was overturned.
The case is a civil fraud suit.
Plaintiff's were not allowed to collect any pecuniary losses.
Plaintiff's could not recover for mental anguish.
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