To be actionable as fraud,a misrepresentation must be of a past or existing ________ fact.
A) demonstrable
B) identifiable
C) material
D) definable
E) quantifiable

Question

Quizplus · Accepted Answer

A misrepresentation must be of a material fact for it to be actionable as fraud. Materiality means that the fact is important enough that it would influence a reasonable person's decision-making.

To Be Actionable as Fraud,a Misrepresentation Must Be of a Past