Introduction
Today, businesses are blooming in line with the globalization of
trade. However, let's face it. The advancement and expansion of
business opportunities have triggered greater competition, forcing
the players in the industry to be more innovative to survive and
remain as competent players in the industry. More often than not,
business engagements and corporate transactions are entered into
with the ultimate goal of generating proceeds and profits. However,
reality may not be as what you want it to be.
Imagine entering into an engagement with a view of making
profits just to realize that the engagement is not as promising as
it seems or even worse, discovering that you have been deceived
into entering into such transaction through the conveyance of false
information. What recourse would you have in such situation? In
this article, we will provide you with an insight on the essence of
corporate fraudulent misrepresentations and the damages claimable
in
