material discrepancy

Examples (10)

• The auditor's report highlighted a material discrepancy between the company's reported revenue and its actual bank deposits.
• A material discrepancy in the contract's delivery dates led to the lawsuit.
• The lawyer pointed out a material discrepancy between the witness's testimony and their earlier police statement.
• The buyer can void the agreement if there is any material discrepancy in the property description.
• The insurance claim was denied because of a material discrepancy in the reported value of the stolen items.
• Any material discrepancy found during the investigation must be reported to the authorities immediately.
• If the court finds a material discrepancy in the evidence presented, the case could be dismissed.
• Due diligence revealed several material discrepancies in the target company's financial records, halting the merger.
• A judge will only consider a material discrepancy to be grounds for invalidating the will.
• The expert was asked to explain the material discrepancy between the two forensic reports.