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Which of the following is a requirement for misrepresentation to exist?
1 . Misrepresentation should relate to a material fact.
2 . The person making a misrepresentation should believe it to be true..
3 . It must be made with an intention to deceive the other party.
4 . The person making a misrepresentation should not believe it to be true.
  • a)
    1 & 2
  • b)
    2 & 3
  • c)
    3 & 4
  • d)
    1 & 4
Correct answer is option 'A'. Can you explain this answer?
Most Upvoted Answer
Which of the following is a requirement for misrepresentation to exist...
Requirement for Misrepresentation

The requirement for misrepresentation to exist are as follows:

1. Misrepresentation should relate to a material fact.
- The misrepresentation should be related to a fact that is important enough to influence the decision of the person to whom it is made. If it is an immaterial fact, then it cannot be considered as misrepresentation.

2. The person making a misrepresentation should believe it to be true.
- The person making the misrepresentation should have genuinely believed that what they were saying is true. If they knew it to be false, then it becomes fraudulent misrepresentation.

3. It must be made with an intention to deceive the other party.
- The person making the misrepresentation must have intended to deceive the other party. If there was no intention to deceive, then it cannot be considered as misrepresentation.

4. The person making a misrepresentation should not believe it to be true.
- If the person making the misrepresentation knew that it was false, then it becomes fraudulent misrepresentation. Therefore, for misrepresentation to exist, the person making the misrepresentation must have believed it to be true.

Therefore, option A - 1 and 2 being the requirements for misrepresentation is the correct answer.
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Which of the following is a requirement for misrepresentation to exist?1 . Misrepresentation should relate to a material fact.2 . The person making a misrepresentation should believe it to be true..3 . It must be made with an intention to deceive the other party.4 . The person making a misrepresentation should not believe it to be true.a)1 & 2b)2 & 3c)3 & 4d)1 & 4Correct answer is option 'A'. Can you explain this answer?
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