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Legal Definitions - misrepresentee
Definition of misrepresentee
A misrepresentee is an individual or entity who receives a false or misleading statement of fact from another party. This false statement, known as a misrepresentation, is typically made to persuade the misrepresentee to enter into an agreement, make a purchase, or take some other action based on incorrect information.
Example 1: Purchasing a Used Car
Imagine a person looking to buy a used car. The car salesperson tells them that the vehicle has a brand new engine, installed just last month, to convince them to make the purchase. In reality, the engine is the original one and is over ten years old. In this scenario, the car buyer is the misrepresentee because they received the false statement about the car's engine.Example 2: Investing in a Business
Consider an entrepreneur seeking investment for their startup. They present financial documents to a potential investor, claiming the company has secured several major contracts that will generate significant revenue in the next quarter. These claims are entirely fabricated. The potential investor, relying on these false statements to decide whether to fund the startup, is the misrepresentee.Example 3: Renting an Apartment
A prospective tenant is viewing an apartment for rent. The landlord assures them that the apartment building is very quiet and that no loud parties are permitted, knowing full well that the building frequently hosts noisy gatherings and has a history of tenant complaints about noise. The prospective tenant, who is given this untrue information to encourage them to sign the lease, is the misrepresentee.
Simple Definition
A misrepresentee is the individual or entity who receives a misrepresentation. This means they are the party to whom a false statement of fact was made, and who may have relied on that statement.