Tag (SQ): Misrepresentation

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BCL – L1 – SA – Q55 – Contract Law

False statement about fraud or misrepresentation in contracts.

Which of the following statement is false?

A   A contract is not voidable if fraud or misrepresentation does not induce the other party to enter a contract.

B   A party cannot complain of fraudulent silence or misrepresentation if he had the means of discovering the truth with ordinary            means.

C   In case of fraud or misrepresentation, aggrieved party can either rescind or affirm the contract.

D   A party who affirms the contract, can also change his option afterwards if he so decides.

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BCL – L1 – SA – Q44 – Contract Law

Effect of a promise made without intent to perform.

A promise made without the intention of performing it amounts to –

A.   Innocent misrepresentation

B.   Fraud

C.   Negligent misrepresentation

D.   Wrongful misrepresentation

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BCL – L1 – SA – Q38 – Contract Law

Validity of a contract caused by fraud or coercion.

An agreement that is caused by fraud, misrepresentation & coercion is

A. Voidable

B. Partially Void

C. Valid

D. All of these

E. None of these

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BCL – L1 – SA – Q30 – Contract Law

Can Robert’s statement “This is the sharpest car on the market” support a claim for misrepresentation?

Robert makes the following statement while negotiating the sale of his car, “This is the sharpest car on the market.” His statement may support a claim for:

A misrepresentation.

B fraud.

C fraud and misrepresentation.

D none of the above.

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BCL – L1 – Q22 – Legal Terms

Explain legal terms: Capacity, Acceptance, Misrepresentation, Goods, and Quantum Meruit in business law.

Explain the following terms as used in the legal business environment:

(a) Capacity

(b) Acceptance

(c) Misrepresentation

(d) Goods

(e) Quantum Meruit

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