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Strictly speaking, negligence has its own 4-part test (duty, breach, causation, damages). Fraud (intentional misrepresentation made to be relied on by another t
by joshuaheard 11y ago
Strictly speaking, negligence has its own 4-part test (duty, breach, causation, damages). Fraud (intentional misrepresentation made to be relied on by another to their detriment) without intent (or reliance) is simply an unactionable misrepresentation.
- unreal37 11y agoI would bet that, with any inaccurate financial figures you quote to an investor, that "reliance" is easy to prove.