Final answer:
An agent would be guilty of fraudulent misrepresentation when they intentionally deceive the other party involved in a transaction.
Step-by-step explanation:
An agent would be guilty of fraudulent misrepresentation when they make a false statement or omit important information with the intention of deceiving the other party involved in a transaction.
For example, if a real estate agent misrepresents the condition of a house by hiding defects and making false claims about its value, they could be held liable for fraudulent misrepresentation.
Fraudulent misrepresentation is a serious offense in many legal systems and can result in legal consequences and monetary damages.