Business Studies, asked by shagunbaliyan, 2 months ago

difference between fraud and misrepresentation​

Answers

Answered by gulnazfatma093
2

Explanation:

A deceptive act done intentionally by one party in order to influence another party to enter into a contract is known as fraud.

The representation of a misstatement, made innocently, which persuades the other party to enter into a contract, is known as misrepresentation.

Answered by PD626471
48

❥ ᴀ ᴅᴇᴄᴇᴘᴛɪᴠᴇ ᴀᴄᴛ ᴅᴏɴᴇ ɪɴᴛᴇɴᴛɪᴏɴᴀʟʟʏ ʙʏ ᴏɴᴇ ᴘᴀʀᴛʏ ɪɴ ᴏʀᴅᴇʀ ᴛᴏ ɪɴғʟᴜᴇɴᴄᴇ ᴀɴᴏᴛʜᴇʀ ᴘᴀʀᴛʏ ᴛᴏ ᴇɴᴛᴇʀ ɪɴᴛᴏ ᴀ ᴄᴏɴᴛʀᴀᴄᴛ ɪs ᴋɴᴏᴡɴ ᴀs ғʀᴀᴜᴅ. ᴛʜᴇ ʀᴇᴘʀᴇsᴇɴᴛᴀᴛɪᴏɴ ᴏғ ᴀ ᴍɪssᴛᴀᴛᴇᴍᴇɴᴛ, ᴍᴀᴅᴇ ɪɴɴᴏᴄᴇɴᴛʟʏ, ᴡʜɪᴄʜ ᴘᴇʀsᴜᴀᴅᴇs ᴛʜᴇ ᴏᴛʜᴇʀ ᴘᴀʀᴛʏ ᴛᴏ ᴇɴᴛᴇʀ ɪɴᴛᴏ ᴀ ᴄᴏɴᴛʀᴀᴄᴛ, ɪs ᴋɴᴏᴡɴ ᴀs ᴍɪsʀᴇᴘʀᴇsᴇɴᴛᴀᴛɪᴏɴ

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