Contracts
Misrepresentation in a Nebraska real estate transaction means:
AAn agent's failure to present all offers
BA false statement of material fact that induces another party to enter a contract✓ Correct
CPricing a property above market value
DFailing to include all standard clauses in a contract
Explanation
Misrepresentation is a false statement of material fact. Fraudulent misrepresentation involves intent to deceive; innocent misrepresentation is still actionable and can make a contract voidable.
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