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<p class="banner-heading-text-two-line"><span>Difference Between Fraud and Misrepresentation</span><br><span class="banner-sub-heading">Module I: Contract Law Essentials—Misrepresentation</span></p>
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<p>Fraud</p>
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<p>Misrepresentation</p>
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<p>Intentional wrong.</p>
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<p>Innocent wrong.</p>
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<p>Intention to deceive the other party.</p>
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<p>No intention to deceive the other party.</p>
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<p>Party making the wrong statement does not believe it to be true.</p>
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<p>Party making the statement believes it to be true.</p>
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<p>In most circumstances, the aggrieved party can repudiate the contract and claim damages.</p>
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<p>In most circumstances, the aggrieved party cannot claim damages but can repudiate the contract.</p>
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<p>Except where silence amounts to fraud, the contract is voidable even if the party had the means of discovering the truth with ordinary diligence.</p>
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<p>The aggrieved party cannot avoid the contract if he has the means of discovering the truth with ordinary diligence.</p>
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