Exam term
Fraud (insurance)
An intentional misrepresentation or concealment of a material fact, made to deceive, that the other party relies on to its harm. It makes a contract voidable by the innocent party and is also a crime.
Exam term
An intentional misrepresentation or concealment of a material fact, made to deceive, that the other party relies on to its harm. It makes a contract voidable by the innocent party and is also a crime.