Which one of the following does not amount to 'fraud' under the Indian Contract Act?
Under Contract Act ss.17-18, a representation made honestly believing it to be true, without knowledge of its falsity, amounts at most to misrepresentation, not fraud,…
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Which one of the following does not amount to 'fraud' under the Indian Contract Act?
Answer and explanation
Correct answer C
Under Contract Act ss.17-18, a representation made honestly believing it to be true, without knowledge of its falsity, amounts at most to misrepresentation, not fraud, unlike a suggestion of a fact one does not believe true, active concealment, or a promise made without any intention to perform, which are fraud.
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