Question

What is the term used for the act of one party intentionally making a false statement that induces another party to enter into a contract?

• A. Duress
• B. Misrepresentation
• C. Mistake
• D. Undue influence

Hint:

Misrepresentation can invalidate a contract if it is proven that one party intentionally deceived another to gain an unfair advantage in the agreement.

Answer 1

The Correct Option is B

Misrepresentation occurs when one party intentionally makes a false statement or representation that induces another party to enter into a contract. It may lead to the contract being voidable if it affects the consent of the party.