what steps can companies take to prevent misrepresentations 
companies can take proactive steps to prevent misrepresentations they can establish and enforce ethical standards that promote honesty integrity and transparency they can provide training and education to employees while also implementing robust internal controls companies can conduct independent reviews to verify the accuracy of the information it is reporting while also conducting due diligence and verifying information before formalizing it or communicating it the bottom linemisrepresentation is a legal term for any type of falsehood or omission of fact that affects the behavior of a contractor or other party contrary to popular belief misrepresentation does not just mean deliberate lies it can also include accidental omissions or reckless statements without certainty of the facts misrepresentation can void a contract and in some cases allow the misled party to seek damages 