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CIMA Exam CIMAPRA17-BA4-1 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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Cammy
24 days 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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Alecia
26 days 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
19 days ago
Yeah, I'm not too sure about the third statement either. Option B seems like the best answer.
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Leigha
20 days ago
I agree, Option B is the right choice. Misrepresentation does render a contract voidable.
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Carlee
21 days 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 months 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
14 hours ago
I'm not sure about the third statement, silence can be tricky.
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Malcolm
2 days ago
I agree, the contract is voidable if there is a misrepresentation.
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Lorita
20 days ago
I think B is the correct choice. The first two statements are true.
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Tomoko
1 months 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
2 months 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
21 days ago
Yes, that's correct. Silence usually doesn't count as a misrepresentation.
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Mariann
30 days 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
2 months ago
I'm not sure about statement 3, can silence really amount to a misrepresentation?
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Davida
2 months ago
I agree with Stanford, a misrepresentation can render a contract voidable.
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Stanford
2 months ago
I think the correct statements are 1 and 2.
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