Final answer:
D. A 'material fact' is information that might affect a consumer's decision.Fraudulent misrepresentation involves presenting false information or concealing vital details, influencing someone's decisions. The notion of 'material fact' is pivotal because it highlights the importance of specific information in affecting choices.
Explanation:
In determining fraud in private law, misrepresentation of a material fact is crucial. A misrepresentation can encompass various forms, including exaggerated opinions about products or services (A), lies in written form (B), and lies expressed verbally or implied (C).
However, the crucial aspect lies in what constitutes a 'material fact'—it refers to information significant enough to influence a consumer's decision-making process. This means that not all information, but specifically the details impacting a consumer's choice, fall under this criterion (D). Essentially, a material fact is the critical piece of information that could sway someone's decision, making it central to determining whether fraud via misrepresentation has occurred.
Fraudulent misrepresentation involves presenting false information or concealing vital details, influencing someone's decisions. The notion of 'material fact' is pivotal because it highlights the importance of specific information in affecting choices.
This criterion helps differentiate between minor or inconsequential details and substantial information crucial in decision-making. Understanding what qualifies as a material fact is integral in legally assessing whether fraudulent misrepresentation has transpired.