A Brief Discussion on Fraudulent and Non-Fraudulent Misrepresentation

Ranjeet Mathew Jacob

Abstract

False information or deceptive assertions that are sent during the creation or execution of a contract fall under the categories of fraudulent and non-fraudulent misrepresentation, which are separate concepts in contract law. The ramifications and legal issues of both types of deception are examined in this abstract. The research looks at the features and traits of fraudulent misrepresentation, such as the deliberate or careless spread of false information, the motive to mislead, and the loss or damages experienced by the innocent person as a consequence. It explores the legal options open to victims of fraudulent misrepresentation, including cancellation, monetary compensation, and possible sanctions against the fraudster. The abstract also examines non-fraudulent misrepresentation, which includes harmless or careless lies given to another party during contract discussions. It examines the legal criteria used to determine how a non-fraudulent misrepresentation affects a contract's capacity to be enforced, including the idea of materiality and the idea of reasonable reliance.