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ExamsIBPS POGeneral Awareness

______ relates to inaccurate statements which are made without any fraudulent intention.

  1. fraud
  2. negligence
  3. misrepresentation
  4. deceit

Correct answer: misrepresentation

Solution

Misrepresentation is a false statement made without fraudulent intent (innocent or negligent misrepresentation). It differs from fraud, which requires intent to deceive. In contract law, misrepresentation can make a contract voidable even without intent.

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