Question

wo companies, Ajax Co. and Boho Inc., were negotiating a merger. In the course of the negotiations, an Ajax representative told her contemporary at Boho that a patent was pending in relation to a certain invention. She reasonably believed the statement to be true. The following week, the Ajax representative learned that the patent was not yet pending. In reality, the application was about to be filed with the U.S. Patent Office but had not been filed already. To avoid potential legal issues, should the Ajax representative correct the information about the patent?

Answer 1

Answer:

Yes

Explanation:

If the Ajax representative fails to correct the previous statement this can cause misrepresentation.