Fast Overview on Fraudulent Misrepresentation
Fraudulent misrepresentation can be shown where the party engaging in fraud had knowledge that not sharing the information would compel action by the other party. The omission of material facts can only be considered a fraudulent misrepresentation if it was intentional and the information was known to the accused.
Fraudulent misrepresentation by silence may result during a long contract negotiation if one of the parties to the contract withholds material information they learned during the negotiation process.
Related Topics
- All You Need to Know About Treaty of Paris
- Non-aggression Pact Overview
- Understanding Collateral Estoppel
- Quick Overview to LLC Operating Agreement
- Understanding Bilateral Contract
- Fidelity Bonds vs. Surety Bonds
- 3 Requirement of a Legal Contract
- Discover New Important Facts About Building Permits
- Know About Contract Pact Ahead of Time
- Promissory Estoppel Overview