Misrepresentation may lead to rescission or damages for a material fact misrepresented; it may be made knowingly or negligently, with justifiable reliance; fraud requires intent to deceive or reckless disregard.

• A. A misrepresentation of a material fact may be remedied only by rescission.
• B. A misrepresentation may be rescinded or damages awarded, made knowingly or negligently, with justifiable reliance; fraud requires intent to deceive or reckless disregard.
• C. Misrepresentation requires intent to deceive; negligence is insufficient for any remedy.
• D. Silence can be a misrepresentation.

Answer: (B)