Examlex
When the owner of a sole proprietorship withdraws assets from the business for personal use,
Fraudulent Misrepresentation
A false statement made knowingly, without belief in its truth, or recklessly, carelessly whether it is true or false, with the intent that someone else would rely on it and suffer loss.
Intentionally Misleading
Deliberately providing false or deceptive information.
Intentional Misrepresentation
is the act of knowingly providing false information with the intent to deceive or mislead another party, often resulting in legal consequences.
Rescission
The act of revoking, canceling, or annulling a contract, returning the parties to their positions prior to the contract's execution.
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