Material fact

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A material fact is a fact that a reasonable person would recognize as germane to a decision to be made, as distinguished from an insignificant, trivial, or unimportant detail.[1][2] In other words, it is a fact the suppression of which would reasonably result in a different decision.[2]

Falsification of a material fact that would cause a party to the contract to refrain from entering into the contract may be grounds for rescission. For example, misrepresentation of a material fact on an application for insurance may allow an insurance company grounds to rescind an insurance policy.[3] (See insurance fraud).

See also[edit]


  1. ^ "Material". Wex. Cornell Law School. Retrieved 23 May 2017.
  2. ^ a b "Legal Definitions of Material Fact, Materiality". Retrieved 2010-06-10.
  3. ^ "The Equitable Remedy of Rescission: A Tool to Defeat Fraud". 2015-04-21. Retrieved 2017-05-23.