material misrepresentation

简明释义

重要的错报

英英释义

Material misrepresentation refers to a false statement or omission of information that is significant enough to influence the decision-making of another party in a legal or financial context.

实质性虚假陈述是指在法律或财务背景下,影响另一方决策的虚假陈述或信息遗漏,其重要性足以改变决策结果。

例句

1.The buyer filed a lawsuit against the seller for material misrepresentation because the property was not as described.

买方因房产描述不符而对卖方提起诉讼,理由是存在重大虚假陈述

2.The court ruled that the material misrepresentation of the financial statements constituted fraud.

法庭裁定,财务报表的重大虚假陈述构成欺诈。

3.Investors should be cautious of material misrepresentation in business disclosures.

投资者应对商业披露中的重大虚假陈述保持警惕。

4.If a company is found guilty of material misrepresentation, it may face severe penalties.

如果一家公司被发现有重大虚假陈述,可能会面临严厉的处罚。

5.In insurance claims, material misrepresentation can lead to denial of coverage.

在保险索赔中,重大虚假陈述可能导致拒绝理赔。

作文

In the world of business and law, the term material misrepresentation refers to a false statement or omission that is significant enough to influence the decision-making process of another party. This concept is particularly important in contracts and negotiations, where one party relies on the accuracy of the information provided by another. When a material misrepresentation occurs, it can lead to serious consequences, including legal disputes and financial losses.To illustrate this point, consider a scenario where a company is selling a piece of real estate. The seller claims that the property is free from any structural issues and has been well-maintained. However, unbeknownst to the buyer, there are significant foundation problems that could cost thousands of dollars to repair. In this case, the seller's statement constitutes a material misrepresentation because it directly affects the buyer's decision to purchase the property. If the buyer had known about the foundation issues, they might have chosen not to buy the property or would have offered a lower price.The implications of material misrepresentation extend beyond individual transactions. In many jurisdictions, it can lead to the rescission of a contract, meaning that the contract is deemed void, and both parties are restored to their original positions. This legal remedy serves to protect parties from being unfairly disadvantaged due to misleading information. Moreover, if a material misrepresentation is proven to be intentional, it may also result in punitive damages, further penalizing the party who engaged in deceitful practices.Understanding material misrepresentation is crucial for anyone involved in business dealings. It emphasizes the importance of transparency and honesty in communications. Businesses must ensure that the information they provide is accurate and complete to avoid potential legal repercussions. Additionally, buyers and investors should conduct thorough due diligence before entering into agreements to protect themselves from the risks associated with material misrepresentation.In conclusion, material misrepresentation is a significant legal concept that plays a vital role in ensuring fairness in business transactions. It serves as a reminder of the importance of integrity and the potential consequences of misleading others. By fostering an environment of honesty, both parties can engage in more fruitful and trustworthy negotiations, ultimately benefiting the entire business ecosystem. Awareness and understanding of material misrepresentation can help individuals navigate complex transactions and make informed decisions, thus promoting ethical practices in commerce and law.

在商业和法律领域,术语material misrepresentation指的是一个虚假陈述或遗漏,其重要性足以影响另一方的决策过程。这个概念在合同和谈判中尤为重要,因为一方依赖于另一方提供的信息的准确性。当发生material misrepresentation时,可能导致严重后果,包括法律纠纷和经济损失。为了说明这一点,考虑一个公司出售房地产的情景。卖方声称该物业没有任何结构问题,并且维护良好。然而,买方并不知道,实际上有重大的基础问题,修复这些问题可能需要花费数千美元。在这种情况下,卖方的陈述构成了material misrepresentation,因为它直接影响了买方购买该物业的决定。如果买方知道基础问题,他们可能会选择不购买该物业,或者会提出更低的价格。material misrepresentation的影响超出了个别交易。在许多管辖区,这可能导致合同的撤销,意味着合同被视为无效,双方恢复到原来的状态。这种法律救济措施旨在保护各方不因误导性信息而受到不公平的损害。此外,如果证明material misrepresentation是故意的,还可能导致惩罚性赔偿,进一步惩罚参与欺诈行为的一方。理解material misrepresentation对于任何参与商业交易的人来说都是至关重要的。它强调了沟通中透明度和诚实的重要性。企业必须确保他们提供的信息准确且完整,以避免潜在的法律后果。此外,买家和投资者在达成协议之前应进行彻底的尽职调查,以保护自己免受与material misrepresentation相关的风险。总之,material misrepresentation是一个重要的法律概念,在确保商业交易公平性方面发挥着至关重要的作用。它提醒我们诚信的重要性以及误导他人的潜在后果。通过营造诚实的环境,双方可以进行更有成效和可信赖的谈判,从而最终使整个商业生态系统受益。对material misrepresentation的意识和理解可以帮助个人在复杂的交易中导航,并做出明智的决策,从而促进商业和法律中的道德实践。