Misrepresentation
Misrepresentation of material fact at time statement was made, defendant knew or believed fact was false and used it to induce reliance. Justifiable reliance by plaintiff and plaintiff suffered pecuniary loss
Negligent Misrepresentation
Business or someone acting a professional capacity, and breach of duty toward particular plaintiff, plaintiff justifiably relied and suffered pecuniary loss.
limited to commercial settings and reliance must have been contemplated.