Material Representation Law and Legal Definition
Material representation is a convincing statement, information or explanation made to a person to induce that person to enter into a contract or to take a decision, which s/he would not have done without such persuasion. In short, it is a representation to which a reasonable person would attach importance in deciding his or her course of action in a transaction. Material representation is a necessary element of an action for fraud. A contract entered into on the basis of untrue or misleading statement or information can be cancelled or rescinded without liablity.
Legal Definition list
- Material Reciprocity
- Material of Trade [Transportation-Hazardous Material Regulation]
- Material Misrepresentation
- Material Issue
- Material Injury
- Material Representation
- Material Requirements Planning
- Material Safety Data Sheet
- Material Supervisory Determinations
- Material Support or Resources
- Material That is Harmful to Minors
Related Legal Terms
- Adequate Representation
- Adverse Material Fact
- Affirmative Representation
- Airborne Radioactive Material
- American Society for Testing Material
- Asbestos-Containing Waste Materials [National Emission Standard for Asbestos]
- Audio-Visual Materials
- Biomaterials Access Assurance Act
- Biomaterials Supplier
- Brady Material
