Don’t be confused or intimidated by any terms or abbreviations in the M&A world. You’ll find answers here.
A fraudulent or negligent misstatement, or an incomplete statement of a material fact to induce a contract.
If a misrepresentation induces another party to enter into a contract, that party may have the legal right to rescind the contract or seek compensation for damages. A misstatement of an intention or opinion is generally not considered a misrepresentation.
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