For a misrepresentation to be material, it must be likely to induce a reasonable person to manifest assent or the maker must know that it would be likely to induce the recipient to do so.

Question

Quizplus · Accepted Answer

A misrepresentation is considered material if it would likely influence a reasonable person's decision to agree to a contract, or if the person making the misrepresentation knows it would likely influence the specific recipient's decision.

For a Misrepresentation to Be Material, It Must Be Likely