Material Misrepresentation Law and Legal Definition
Material misrepresentation is the act of intentional hiding or fabrication of a material fact which, if known to the other party, could have terminated, or significantly altered the basis of, a contract, deal, or transaction. It is a misrepresentation that would be likely to induce a reasonable person to manifest his assent, or that the maker knows would be likely to induce the recipient to do so.
