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Legal Concepts16) A misrepresentation is considered fraud even if it is made without intent to deceive anotherparty.
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- Factual Application64) While signing a contract, one of the parties misinterpreted a legal clause. Neither of theparties is a legal professional. Which of the following statements holds well in this scenario?A) The party who misinterpreted the law is actionable for fraud.B) The party who misinterpreted the law may rescind the contract.C) The party who misinterpreted the law is not actionable for fraud.D) The contract is declared unenforceable as the law has been misinterpreted.