Misrepresentation that is intentional or reckless. Can result in rescission and damages. As opposed to innocent or negligent misrepresentation.
Fraudulent misrepresentation refers to a situation where one party provides false or misleading information to another party with the intent to deceive them and induce them into entering a contract or making a decision. It involves making false statements, concealing or omitting important information, or providing misleading facts in order to gain an unfair advantage. It is considered a deliberate act of dishonesty and can lead to legal consequences.
fraudulent misrepresentation. negligent misrepresentation. innocent misrepresentation.
Examples of misrepresentation of facts Examples of misrepresentation of facts
misrepresentation
Misrepresentation that is the result of careless statements made.
Fraudulent money is also known as counterfeit.
the difference between fraudulent miisrepresentation and innocent misrepresentation is that innocent representation is when a statement is made with a genuine belief that it is true while fraudulent misrepresentation is a statement that is made with the knowledge that it is untrue or misleading.
When someone is induced into entering into a contract as a result of a false statement.
It depends on the type of misrepresentation: Innocent misrepresentation: rescission of contract and restitution if possible Negligent: rescission or possibly damages Fraudulent: damages and possibly action in tort law
A misrepresentation is an untrue statement of fact by one party which has induced the other to enter into the contract.
Misrepresentation must be something that induces an individual to enter into a contract which is false or not wholly true
Non fradulent trade is trade which results in everyone getting what they expected.
if the maker intended for the misrepresentation to induce the other party to enter the contract and if the misrepresentation would likely induce a reasonable person to so enter the contract