What is the difference between Fraud and Misrepresentation?
In Contract Awareness Forum
Feb 07, 2021
in both fraud and misrepresentation a false statement is made , but in fraud it is done with a dishonest intention i.e the maker of the statement knows that his statement is false but yet he makes it in order to mislead the other innocent party to the agreement and gain an advantage at the cost of the other innocent party. in misrepresentation , also a false statement is made but the maker believes such statement to be-true as he has relied on untrustworthy and inaccurate source of information , or a tampered source of information or he himself doesn’t know the complete truth. Basically dishonest intention is lacking in misrepresentation .