Examlex
Today McDonald's owns about ________ percent of its restaurants.
Misrepresentation
An untruthful assertion by one of the parties about a material fact.
Material Fact
A fact that is significant or essential to the issue or matter at hand, often affecting the outcome of a legal case.
Fraudulent Misrepresentation
The tort that occurs when a misrepresentation is made with the intent to facilitate personal gain and with the knowledge that it is false.
Justifiable Reliance
The principle that a party has acted upon another's representation with a reasonable belief that it was true, often relevant in cases of fraud or misrepresentation.
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