What is meant by misrepresentation?

A misrepresentation is a false statement of a material fact made by one party which affects the other party’s decision in agreeing to a contract. If the misrepresentation is discovered, the contract can be declared void and, depending on the situation, the adversely impacted party may seek damages.

How do you avoid the misrepresentation of data explain with example?

Basic Guidelines Keep Your Data Honest

1. Always look at your data. Summary statistics are never enough if you want to avoid lying with your data.
2. Figure out what type of data you have. Then use tools that are appropriate for your data.
3. Put your data in context.
4. Avoid patterns of association between only two data points.

How can data be misrepresented or misleading?

The data can be misleading due to the sampling method used to obtain data. For instance, the size and the type of sample used in any statistics play a significant role — many polls and questionnaires target certain audiences that provide specific answers, resulting in small and biased sample sizes.

What are the types of misrepresentation?

Types of Misrepresentations

• Fraudulent misrepresentation. Fraudulent misrepresentation is a reckless statement made by one party to induce another party to enter into a contract.
• Negligent misrepresentation.
• Innocent misrepresentation.

What are the two types of misrepresentation?

The two types of misrepresentation are fraudulent and nonfraudulent. Within the former are fraud in the execution and fraud in the inducement. Within the latter are negligent misrepresentation and innocent misrepresentation.

What is the effect of misrepresentation?

The effect of an actionable misrepresentation is to make the contract voidable, giving the innocent party the right to rescind the contract and/or claim damages.

What is misinterpretation research?

Misinterpretation refers to an interpretation of the results that is not consistent with the actual results of the study. In the Discussion section of a paper, authors may take a strong position that relies more on their opinion than on the study results.

What is misinterpretation of error results?

Definition of misinterpretation : failure to understand or interpret something correctly an error caused by misinterpretation of the rules : a mistaken interpretation …

What is misrepresentation example?

In the legal word, the term “misrepresentation” refers to a statement someone makes an untrue statement in order to encourage someone else to sign a contract. For example, misrepresentation occurs when a person signs a contract, then suffers damages as the result of taking the other person’s advice.

What are the three types of misrepresentation?

There are three main types of misrepresentation:

• Fraudulent misrepresentation.
• Negligent misrepresentation.
• Innocent misrepresentation.