Contracts
Under Ohio contract law, 'fraudulent misrepresentation' requires all of the following EXCEPT:
AA false statement of material fact
BKnowledge that the statement is false (scienter)
CIntent to induce reliance
DThe other party having legal counsel present✓ Correct
Explanation
Fraudulent misrepresentation requires: a false statement of material fact, made with knowledge of falsity or reckless disregard, with intent to induce reliance, and resulting damage. The presence of legal counsel is irrelevant.
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