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CIMAPRA17-BA4-1 Exam - Topic 6 Question 93 Discussion

Which of the following statements are correct in relation to a misrepresentation?1. A misrepresentation is a false statement of fact or law but not a mere expression of opinion by someone having no expertise in the subject matter of the contract2. A misrepresentation renders a contract voidable3. As a general rule silence can amount to a misrepresentation.
B) 1 and 2 only
A) 1 only
C) 2 only
D) 2 and 3 only

CIMAPRA17-BA4-1 Exam - Topic 6 Question 93 Discussion

Actual exam question for CIMA's CIMAPRA17-BA4-1 exam
Question #: 93
Topic #: 6
[All CIMAPRA17-BA4-1 Questions]

Which of the following statements are correct in relation to a misrepresentation?

1. A misrepresentation is a false statement of fact or law but not a mere expression of opinion by someone having no expertise in the subject matter of the contract

2. A misrepresentation renders a contract voidable

3. As a general rule silence can amount to a misrepresentation.

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Suggested Answer: B

by Lacey at Jul 17, 2024, 04:23 PM

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Jill
8 months ago
I disagree with 3, silence shouldn't count as misrepresentation.
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Rosendo
8 months ago
Misrepresentation does make a contract voidable, that's correct.
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Lashawnda
8 months ago
Wait, silence can be a misrepresentation? That seems off.
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Shenika
8 months ago
Totally agree, 2 is spot on! Contracts can be voidable.
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Lawana
9 months ago
A misrepresentation is definitely a false statement, not just an opinion.
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Fausto
9 months ago
I feel like statement 3 could be correct in some cases, but I can't recall the exact rules about silence and misrepresentation.
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Elinore
9 months ago
I practiced a similar question where we discussed opinions and misrepresentation, and I think statement 1 might be tricky.
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Elmer
9 months ago
I think statement 2 is definitely correct since misrepresentation makes a contract voidable, but I'm a bit unsure about the silence part in statement 3.
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Bettye
9 months ago
I remember that a misrepresentation is indeed a false statement, but I'm not sure about the specifics of opinions versus facts.
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Jovita
9 months ago
I'm a bit unsure about statement 3. I think silence can sometimes amount to a misrepresentation, but I'm not 100% sure on the general rule. I'll need to review that part more carefully.
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Arlyne
9 months ago
I've got this! Statement 1 sounds right - a misrepresentation is a false statement, not just an opinion. And statement 2 is correct too - a misrepresentation makes the contract voidable. I'm pretty confident in those.
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Candra
9 months ago
Okay, let me think this through. I know a misrepresentation is a false statement, but I'm not sure about the distinction between fact and opinion. And I'll need to double-check the legal implications of a misrepresentation.
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Carri
9 months ago
Hmm, this seems like a tricky one. I'll need to carefully consider each statement and how they relate to the definition of a misrepresentation.
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Huey
10 months ago
I'm pretty confident that the right answer is to change the Evaluation Event to Save. That way, the error message will only appear when the user is ready to save the changes.
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Aliza
10 months ago
I remember that the V$TABLESPACE view shows information that's in the control file, while the DBA_TABLESPACES view has data dictionary information. I'm pretty sure one of those views can show tablespace free space, but I'll need to review which one.
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Lettie
10 months ago
Okay, let me think this through. Unsolicited email is definitely a form of junk mail, so B could be the right answer. But I feel like "spam" is the more common term, so I'm leaning towards A.
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Cammy
1 year ago
I'm going to have to go with B. The first two statements are spot on, but the third one about silence is a bit of a head-scratcher. Sounds like someone's trying to trick us here!
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Nieves
1 year ago
Definitely, misrepresentation can cause a lot of issues if not addressed properly.
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Bettyann
1 year ago
Yeah, I think so too. It's important to be clear and upfront in contracts.
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Adell
1 year ago
I agree, B seems like the correct choice. Silence usually doesn't count as misrepresentation.
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Alecia
1 year ago
Option B is the way to go. A misrepresentation is a false statement, and it makes the contract voidable. As for the third statement, I'm not sure - that one seems a bit iffy to me.
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Christene
1 year ago
Yeah, I'm not too sure about the third statement either. Option B seems like the best answer.
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Leigha
1 year ago
I agree, Option B is the right choice. Misrepresentation does render a contract voidable.
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Carlee
1 year ago
I think Option B is correct. A misrepresentation is a false statement and it makes the contract voidable.
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Brianne
1 year ago
I'm going with B. The first two statements are accurate, but I don't agree that silence can generally amount to a misrepresentation. That's a bit of a stretch.
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Stevie
1 year ago
I'm not sure about the third statement, silence can be tricky.
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Malcolm
1 year ago
I agree, the contract is voidable if there is a misrepresentation.
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Lorita
1 year ago
I think B is the correct choice. The first two statements are true.
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Tomoko
1 year ago
I think the answer is D. All three statements are correct - a misrepresentation is a false statement of fact, it renders the contract voidable, and silence can amount to a misrepresentation in certain cases.
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Laticia
1 year ago
Option B seems correct to me. A misrepresentation is a false statement of fact, and it does render the contract voidable. However, silence generally does not amount to a misrepresentation.
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Tijuana
1 year ago
Yes, that's correct. Silence usually doesn't count as a misrepresentation.
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Mariann
1 year ago
I think you're right, option B is correct. A misrepresentation is a false statement of fact and it does make the contract voidable.
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Levi
1 year ago
I'm not sure about statement 3, can silence really amount to a misrepresentation?
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Davida
1 year ago
I agree with Stanford, a misrepresentation can render a contract voidable.
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Stanford
1 year ago
I think the correct statements are 1 and 2.
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