distinguish between different types of fraud. question 4 options: negligent misrepresentation innocent misrpresentation fraud in the execution concealment fraud in the inducement nondisclosure 1. the victim is tricked into believing that the content of a contract is different than what it actually is. 2. the victim is told an untrue statement that he relies on in deciding to enter the contract. 3. a party takes action to hide the truth. 4. a party withholds information that must legally be disclosed. 5. a party is careless and makes a statement that they should have known was not true. 6. a party makes a statement in good faith but the information later turns out to be false.

Respuesta :

A misrepresentation is a false statement of a material fact made by one party which affects the other party's decision in agreeing to a contract. 1 If the misrepresentation is discovered, the contract can be declared void, and, depending on the situation, the adversely impacted party may seek damages.

The correct match for Fraud in the execution is D. Under fraud in the execution the victim is tricked into believing or trusting that the content of a contract is different from what it actually is.

The correct match for Concealment is E. Under concealment, the party takes action to hide the truth.

The correct match for Innocent misrepresentation B. Under innocent misrepresentation, the party makes a statement in good faith but information later turns out to be false.

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