False Representation And Fraud (Section 17 Ca 1950)

Decent Essays
Fraud Section 17 CA 1950 provides that a false representation willfully made by a party to an agreement in order to presents information to another that is inaccurate, misleading, or intended to confuse the other party is known as fraud. The party making false representation has made it either purposely or negligently just to mislead the other party. The aggrieved party, relied on the statement, believing it to be true and acted upon it, this may became a cause of loss to the aggrieved party. In addition, the representation of the fact must be made before the conclusion of the agreement. Sometimes silence can be fraud, when the silence is equivalent to speech or the duty of the individual making statement to speak. For example if the
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