Contracts-Misrepresentation

Question 1

Contracts

                                  Misreprentation

Answer 1

A misrepresentation of fact that induces assent provides a basis for avoidance of a contract. A misrepresentation is defined as a statement that is not in accord with the facts. Affirmative conduct that is “intended or known likely to prevent another from learning a fact is equivalent to an assertion that the fact does not exist” and constitutes a misrepresentation.