fair representations
[/fɛr ˌrɛprɪˈzeɪʃənz/]
nounpl: fair representations
representações justas
1. Accurate, honest, and unbiased depictions or descriptions of facts, data, or situations that reflect reality without distortion or manipulation
The financial report should include fair representations of the company's assets and liabilities.
O relatório financeiro deve incluir representações justas dos ativos e passivos da empresa.
2. Legitimate portrayals or accounts that do not mislead or deceive stakeholders or the public
Fair representations in advertising are required by law to protect consumers.
As representações justas na publicidade são exigidas por lei para proteger os consumidores.
3. In law and business, statements or documentation that accurately convey material facts without omission or concealment
The contract requires fair representations of the property's condition.
O contrato exige representações justas da condição do imóvel.
In both Brazilian and American business and legal contexts, 'fair representations' is a critical concept in contracts, financial reporting, and consumer protection. It reflects the principle of honest dealing and is often legally mandated in securities, real estate, and insurance transactions. The term carries significant weight in disputes and litigation.
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