Explanation:

The statement "A person who had the means of discovering the truth with ordinary diligence can avoid the contract on the ground of misrepresentation" is false. The reason for this is that there is a legal doctrine called "caveat emptor," which means "buyer beware." This doctrine places the responsibility on the buyer to investigate and verify the details of a transaction before entering into a contract.

What is Misrepresentation?

Misrepresentation occurs when one party to a contract makes a false statement that induces the other party to enter into the contract. Misrepresentation can be innocent, negligent or fraudulent.

What is Caveat Emptor?

Caveat emptor is a legal doctrine that places the responsibility on the buyer to investigate and verify the details of a transaction before entering into a contract. This doctrine applies to both tangible and intangible property.

How does Caveat Emptor affect Misrepresentation?

Caveat emptor affects misrepresentation because it places the responsibility on the buyer to investigate and verify the details of a transaction before entering into a contract. If the buyer fails to conduct due diligence and discovers a misrepresentation after entering into the contract, the buyer may not be able to avoid the contract on the grounds of misrepresentation.

Conclusion:

In conclusion, the statement "A person who had the means of discovering the truth with ordinary diligence can avoid the contract on the ground of misrepresentation" is false. The doctrine of caveat emptor places the responsibility on the buyer to investigate and verify the details of a transaction before entering into a contract, which means that the buyer cannot avoid the contract on the grounds of misrepresentation if they failed to conduct due diligence.