innocent misrepresentation


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innocent misrepresentation

See fraud.

References in periodicals archive ?
rescission in innocent misrepresentation cases, Part I shows how
Certain states do not require knowledge of a misrepresentation in order to rescind a policy, and an innocent misrepresentation is enough to void coverage.
In these states, a policy can be rescinded for an innocent misrepresentation or concealment of a material fact.
In Case A, students are required to determine whether a contract exists, identify the terms of the agreement, determine whether a breach of contract occurred, and what remedies, if any, are available, and analyze whether the theater made an innocent misrepresentation or acted fraudulently.
Cowan says the second case is one of innocent misrepresentation.