High School

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Fraudulent misrepresentation imposes liability for:

A. monetary loss.
B. justifiable reliance.
C. a misrepresented fact intentionally made for the purpose of inducing the person to rely on it.
D. all of these are correct.

Answer :

Final answer:

Fraudulent misrepresentation imposes liability for monetary loss, justifiable reliance, and a misrepresented fact intentionally made to deceive. The deceived person must have acted on the false information in a way that was reasonable under the circumstances, and this action must have led to financial loss.

Explanation:

Fraudulent misrepresentation imposes liability for all of the options given in the question. This includes: a. Monetary loss - this is the financial damage that a person suffers as a result of relying on the misrepresented information. b. Justifiable reliance - this means that the deceived person relied on the false information and their reliance was reasonable under the circumstances. c. A misrepresented fact intentionally made for the purpose of inducing the person to rely on it - this explains the deceptive nature of fraudulent misrepresentation where false information is deliberately provided to make someone act to their detriment.

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