misrepresentation

(noun)

A false statement of fact made by one party to another party, which has the effect of inducing that party into the contract.

Related Terms

Examples of misrepresentation in the following topics:

  • Unfair Trade Practices

    • Misrepresentation: This is a false statement of fact made by one party to another party, which has the effect of inducing that party into the contract.
    • For example, under certain circumstances, false statements or promises made by a seller of goods regarding the quality or nature of the product may constitute misrepresentation.