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Which of the following is a true statement? Fraud by active concealment occurs w

ID: 337659 • Letter: W

Question

Which of the following is a true statement?

Fraud by active concealment occurs when a party to a contract fails to disclose all of the known facts about the subject matter of the contract.

To be actionable for fraud, a misrepresentation must pertain to a future opinion.

The threat to bring a lawsuit to obtain an agreement can be grounds for duress if the suit is a legitimate one.

A mutual mistake renders a contract null and void.

A.

Fraud by active concealment occurs when a party to a contract fails to disclose all of the known facts about the subject matter of the contract.

B.

To be actionable for fraud, a misrepresentation must pertain to a future opinion.

C.

The threat to bring a lawsuit to obtain an agreement can be grounds for duress if the suit is a legitimate one.

D.

A mutual mistake renders a contract null and void.

Explanation / Answer

Which of the following is a true statement?

Fraud by active concealment occurs when a party to a contract fails to disclose all of the known facts about the subject matter of the contract.

To be actionable for fraud, a misrepresentation must pertain to a future opinion.

The threat to bring a lawsuit to obtain an agreement can be grounds for duress if the suit is a legitimate one.

A mutual mistake renders a contract null and void.

A.

Fraud by active concealment occurs when a party to a contract fails to disclose all of the known facts about the subject matter of the contract.

B.

To be actionable for fraud, a misrepresentation must pertain to a future opinion.

C.

The threat to bring a lawsuit to obtain an agreement can be grounds for duress if the suit is a legitimate one.

D.

A mutual mistake renders a contract null and void.

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