Professional Liability: The Legal Challenges - Tort Liability for Inaccurate Statements
3 important questions on Professional Liability: The Legal Challenges - Tort Liability for Inaccurate Statements
Deceit = fraudulent misrepresentation
An intentional tort imposing liability when damage is caused by a false statement made with intent to mislead another person
What are the elements of deceit/fraudulent misrepresentation?
1. A false representation is made by the defendant
2. The defendant has some level of knowledge of the falseness
3. The false representation causes the plaintiff to act, and
4. The plaintiff's actions result in a loss
2. The defendant has some level of knowledge of the falseness
3. The false representation causes the plaintiff to act, and
4. The plaintiff's actions result in a loss
Unintentional tort imposing liability for an incorrect statement without due care for accuracy, and injury is caused
Negligent misrepresentation
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