Misrepresentation Flashcards
1
Q
intentional misrepresentation
A
- misrepresentation of a material past or present fact
- scienter - defendant knew statement was false
- intent to induce p to act or refrain from acting in reliance on the misrepresentation
- causation - actual reliance
- justifiable reliance
- damages - plaintiff must suffer actual pecuniary loss
2
Q
defenses
A
none
3
Q
negligent misrepresenation
A
misrepresentation breach of duty causation justifiable reliance damages confined to a commercial setting