The statement of fact need not be an actual assertion for fraudulent misrepresentation to be the basis for a contract rescission.

Name: The statement of fact need not be an actual assertion for fraudulent misrepresentation to be the basis for a contract rescission.
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Question

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Fraudulent misrepresentation can be based on a deliberate concealment or nondisclosure of a material fact, not just an explicit false statement, thus not requiring an actual assertion for a contract to be rescinded.

The Statement of Fact Need Not Be an Actual Assertion