A guarantee that is acquired through a misrepresentation by the creditor, or with the creditor's awareness and approval regarding a significant aspect of the agreement, is considered ________________?

Choose the correct answer

Explanation

Any guarantee obtained through misrepresentation by the creditor, or with their knowledge and consent, about an essential part of the deal is deemed invalid and cannot be legally enforced.

A guarantee that is acquired through a misrepresenta… — Accounting Mcqs | PakQuizHub