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Nonfraudulent Misrepresentation
A false statement of fact made honestly but inaccurately, leading to a disadvantageous contractual agreement without intent to deceive.
Remedies Available
Legal means or methods by which a right is enforced or the violation of a right is prevented, redressed, or compensated.
Define
means to clearly describe the nature, scope, or meaning of something.
Materiality
Materiality refers to the significance of information or facts that could influence decisions made by users, such as investors or shareholders; it is a key concept in accounting and auditing.
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