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During the loan application process, Drew decides to leave out certain debts owed in order to increase his chances of qualifying for a mortgage. This is an example of?
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During the loan application process, Drew decides to leave out certain debts owed in order to increase his chances of qualifying for a mortgage. This is an example of?

User Yan Sklyarenko
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Answer:

fraud misrepresentation

Step-by-step explanation:

fraud misrepresentation is a false statement of fact that causes or induces someone to enter into a contract. It is a civil tort arising out of contract law. The misrepresentation can be in the form of anything that is designed to deceive the other party including innuendos, half-truths, or silence when there exists a duty to speak.

User Chris Pratt
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