The CA Hub

CAF-4 · Chapter 4 · Question 6 of 15

What is the primary difference between 'fraud' and 'misrepresentation'?

Test yourself: pick an answer

Reveal answer & explanation

Correct answer: B) Fraud involves an intention to deceive, while misrepresentation is innocent.

Explanation

Fraud is the deliberate and intentional statement of a false fact to deceive another, whereas misrepresentation is the unintentional or innocent statement of a false fact.

All 15 questions in Chapter 4Free consent MCQs with answers

More Free consent MCQs

Sponsored slot availableRun a CA academy or hiring firm? Put your name in front of students preparing for this exam.Advertise →