The difference between a negligent misrepresentation and a fraudulent misrepresentation is that
A)a fraudulent misrepresentation requires only a breach of duty of care and skill,while a negligent misrepresentation requires at least some guilty knowledge or willful disregard of the falsity of information provided.
B)a negligent misrepresentation requires only a breach of duty of care and skill,while a fraudulent misrepresentation requires at least some guilty knowledge or willful disregard of the falsity of information provided.
C)there is no practical difference between a fraudulent misrepresentation and a negligent misrepresentation.
D)a fraudulent misrepresentation does not require guilty knowledge or willful disregard of the falsity of information provided,while a negligent misrepresentation does.
E)a negligent misrepresentation does not require a breach of duty of care and skill,while a fraudulent misrepresentation does.

Question

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A negligent misrepresentation occurs when someone makes a statement that they believe to be true but is actually false, while a fraudulent misrepresentation occurs when someone makes a statement that they know to be false or with reckless disregard for the truth. Negligent misrepresentation only requires a breach of duty of care and skill, while fraudulent misrepresentation requires some guilty knowledge or willful disregard of the falsity of information provided.

The Difference Between a Negligent Misrepresentation and a Fraudulent Misrepresentation