Exam term
Fraudulent misrepresentation
A knowingly false material statement of fact, made to induce reliance, such as saying a twenty-year-old roof was replaced last year. Deliberate concealment where disclosure is required can also be deceptive.
Exam term
A knowingly false material statement of fact, made to induce reliance, such as saying a twenty-year-old roof was replaced last year. Deliberate concealment where disclosure is required can also be deceptive.