If these elements are met, the wronged party may be able to recover damages from the person who made the false statement. The types of damages that may be available include:

• Actual damages: These are the losses that the wronged party actually suffered as a result of the misrepresentation.
• Consequential damages: These are the losses that the wronged party would have suffered if they had not relied on the misrepresentation.
• Punitive damages: These are damages that are awarded to punish the person who made the false statement and to deter others from engaging in similar conduct.

The legal remedies available to the wronged party will depend on the specific facts of the case. However, if the wronged party can prove that they have been the victim of fraudulent misrepresentation, they may be able to recover significant damages.

Here are some examples of fraudulent misrepresentation:

• A real estate agent tells a buyer that a house is in good condition when it is actually full of termites.
• A seller tells a buyer that a car has never been in an accident when it has been in multiple accidents.
• A doctor tells a patient that a certain medication is safe when it is actually dangerous.

If you believe that you have been the victim of fraudulent misrepresentation, you should speak to an attorney to discuss your legal options.