Business Studies, asked by divyabharathi1212200, 6 months ago

difference between fraud and misrepresention in business law with comparison ​

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Answered by archanaSingh811211
0

Answer:

The major difference between fraud and misrepresentation are as under: Fraud is a deliberate misstatement of a material fact. Misrepresentation is a bonafide representation of misstatement believing it to be true which turns out to be untrue. ... In fraud, the aggrieved party can claim damages for any loss sustained.

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Answered by revanshimahi
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Hey Mate Here Is Your Ans..❣️

Question: Differentiate between Fraud and Misrepresentation.

Answer: The major difference between Fraud and Misrepresentation are as under:

Fraud:

Fraud is a deliberate miss - statement of a material fact. In fraud, the aggrieved party can claim damages for any loss sustained.

Misrepresentation:

Misrepresentation is a bonafide representation of miss - statement believing it to be true which turns out to be untrue.

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