CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 48 Topic 5 Discussion

CIMA Fundamentals of Ethics, Corporate Governance and Business Law BA4 Question # 48 Topic 5 Discussion

BA4 Exam Topic 5 Question 48 Discussion:
Question #: 48
Topic #: 5

In relation to the law of misrepresentation, which of the following is correct?


A.

The innocent party is entitled to claim damages under the tort of negligence for all types of misrepresentation.


B.

A person is not entitled to rescind a contract which was induced by an innocent misrepresentation.


C.

A person is only entitled to a remedy under the Misrepresentation Act where the person who made the misrepresentation is a party to the contract.


D.

The Misrepresentation Act may be used to obtain damages for fraudulent misrepresentation.


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